Deeded Owners & Developer Chapter 11

Sam D. Mar 10, 2009

Can anyone share their experience as a deeded owner with a Timeshare where the developer/management filed for bankruptcy protection under Chapter 11 ? I'm a deeded owner at Sedona Vacation Club (Los Abrigados) and ILX Resorts has just filed. Of course there is no info on their website about this.

What would happen if they eventually went to Chapter 7 ?

Reply to this thread

Related discussions

Marriott Waiohai: Maybe Purchasing a Deeded Week (Not Points); Is there generally availability for weeks owners at the 12 month window-especially for March/April? 5 replies · Buying, Renting, and Selling Timeshares · over 1 year ago
Manhattan Club Owners - what's with developers having "first refusal"? 5 replies · Buying, Renting, and Selling Timeshares · almost 17 years ago
Diamond Resorts reduces owner benefits again! 961 replies · Timeshare Companies · about 6 years ago
Westgate Resorts South Beach Owners Take Note....3611 Collins Avenue Miami Beach Sale Closing Extended through June of 2023 with Potential Buyer??? 1 reply · General Discussion · about 4 years ago
National Timeshare Owners Association 14 replies · General Discussion · over 11 years ago