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Re: WALK AWAY FROM TIMESHARE (by Scott M.):

The suffix of your link, is Colorado, I live in California. Different rules on collection and liens. The collection rules here are always in the persons favor, not the company. So again its been almost 4 years since walking away, and it feels great knowing that I screwed over those timeshares. No hit on credit report, no consequences. Of note are these first 3 rules, in Colorado, Not California.

- The Court must have awarded a money judgment in your favor.

- The money judgment is good for six years in County Court and for 20 years in District Court.

- The Court cannot collect your money judgment for you.

As with most time share owners, people don't live in the courts jurisdiction. So who gives a crap about an award. And the resort still has to pay to go after the money, cheaper to let them walk away, cross state lawyers cost big $$$.

Have a good day ... ;-)

jlb wrote:

INSTRUCTIONS FOR COLLECTING A JUDGMENT AND COMPLETING A WRIT OF GARNISHMENT

"Step 3: Serve the Court Order and the interrogatories on the Judgment Debtor. request to place a lien against real estate owned by the Judgment Debtor."

https://www.courts.state.co.us/Forms/PDF/JDF%2082%20How%20to%20Collect%20a%20Judgment%20and%20Issuing%20a%20Writ%20of%20Garnishment%20R6%2015%20(FINAL).pdf

scottm421 wrote:

I believe that it also depends on the state you live in. They can threaten a lien, but they are bluffing. Again only secured debts can have a lien applied. The collection industry purposely obstructs people from learning what collection practices they use. Read what the rules say in your state. But the bottom line is non secured debt is nothing to worry about. "Caveat Emptor" in all things. Maintenance Fees are not a secured debt. Loan payments on a timeshare are a secured debt because you signed a promissory note.