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Started By
Message
re: Getting out of a timeshare
Posted on 2/1/24 at 2:59 pm to Big_country346
Posted on 2/1/24 at 2:59 pm to Big_country346
Hi, I’m Chuck McDowell and I’m here to tell you the ugly truth about time shares.
0
Posted on 2/1/24 at 3:03 pm to Joshjrn
I want to say it’s called Renunciation of Property
Posted on 2/1/24 at 3:07 pm to cgrand
quote:
I want to say it’s called Renunciation of Property
Practically everywhere will allow you to fully renounce taking part in an estate succession. The more complicated issue is whether you’re allowed to renounce some parts but accept others. If they don’t want anything, that’s easy. If they just don’t want the timeshare, there be dragons
Posted on 2/1/24 at 3:12 pm to Big_country346
Posted on 2/1/24 at 3:24 pm to Joshjrn
quote:
The law governing line item rejection and acceptance of an estate can be complicated.
That’s be pretty sweet to line item out the debts and only accept the assets.
Posted on 2/1/24 at 3:29 pm to Big_country346
Suicide
Posted on 2/1/24 at 3:33 pm to Jack Bauers HnK
quote:
That’s be pretty sweet to line item out the debts and only accept the assets.
Which is why it’s generally not allowed. Performance based obligations tend to be treated differently than debts. I just don’t know where a timeshare would fall on that continuum, and I imagine it would be jurisdiction specific.
Posted on 2/1/24 at 3:40 pm to Big_country346
step1 - don't get into a timeshare
step2- see step 1
step2- see step 1
Posted on 2/1/24 at 4:01 pm to Big_country346
Depending on where it's at there might be someone willing to buy it. It will only be pennies on the dollar and will probably have a transfer fee. Get in the mind set that if you can get rid of it for 0 dollars you will be ahead of the game.
Posted on 2/1/24 at 4:21 pm to Big_country346
I'm always stunned to hear people getting into these when I can't find ANY positive stories.
Posted on 2/1/24 at 4:39 pm to Clyde Tipton
quote:
Contact the guy that started the timeshear cancellation industry.
FIFY
This guy. OP must not listen to radio or he damn sure would have heard one of his ads.
Wesley ... the timeshear dude
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