Note: Please do not post ads in the timeshare forums. If you want to add a timeshare posting, go here.

Original Message:

Re: Get out of Westgate Resorts (by Janice G.):

I'm in a similar situation, but I live in the UK, no outstanding mortgage but I haven't paid maintenance fees for 3 years. Lots of contact from collectors and today I have received a warning letter stating that I am may be about to lose my timeshare. Yes please! Also, enclosed was A Warranty deed in lieu of foreclosure. Can someone explain what this is please? Does it mean my outstanding unpaid fees will be scrapped and any future fees stopped? Will it rid me of this horrendous burden? It mentions a sum of ten dollars and any other good and valuable consideration...... I have no clue what this all means. I'm thinking if I make contact to ask, I am in effect, admitting liability for the debt.

A final paragraph states that, by execution and delivery hereof, Grantor and Grantee, do hereby release each other from any and all claims, be known, unknown, foreseen, patent or latent etc .....

Shall I just ignore this and let them foreclose? Thanks in advance for any advice.