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Re: TRYING TO GET OUT OF MEXICO TIMESHARE (by Scott F.):

I too am looking to get out of my Westin Lagunamar timeshare. I had a friend of mine a number of years ago that had a timeshare that he decided to quit paying for and of course the collection calls started. I can't recall if it was a US based finance company, must have been. But they did report it to collections and then quite some time later it finally hit his credit report negatively.

What he did was contact the credit bureau's and somehow filed a dispute letter disputing the timeshare finance company's negative credit item. I was told that the credit bureau has to try and contact the company in question to find out whether the negative claim is valid. If said company does not advise the credit bureau within 30 days then the negative item is wiped off your credit report.

I don't owe much on mine anymore but trying to even sell the darn thing is quite a task in itself. Dumbest thing I ever did was buy that timeshare.