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re: How to get rid of timeshare?

Posted on 7/19/20 at 9:29 am to
Posted by cgrand
HAMMOND
Member since Oct 2009
38958 posts
Posted on 7/19/20 at 9:29 am to
what would happen if you just stopped paying?
Posted by ragincajun03
Member since Nov 2007
21441 posts
Posted on 7/19/20 at 9:46 am to
quote:

what would happen if you just stopped paying?


That's what I'm wondering. Does it destroy your credit, or would the company merely just take back that ownership?

My father-in-law has always been into that timeshare stuff. Me...I've avoided it like the plague. Always sounded like some ponzi scheme where I would get screwed.
Posted by tigersfan1989
Baton Rouge
Member since Oct 2018
1265 posts
Posted on 7/19/20 at 9:56 am to
I would think you'd get turned over to collections and start screwing up your credit if you stopped paying the fees.
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