Timeshares

[bkpdap]

I own a timeshare in Orlando, Florida. If I stop paying my yearly maintenance fees and walk away what will happen?

 

[army judge]

I own a timeshare in Orlando, Florida. If I stop paying my yearly maintenance fees and walk away what will happen?

More than likely, nothing.

Your credit will take a ding, maybe even get bruised badly.

You'll owe the money, but you've walked away, so you won't be dispossessed.

If you can't pay, you can't pay!

They may come after you, but so what?

Florida is a very debtor friendly state.

Other than obtaining a judgment, that'll be very hard to enforce, there is very little that can be done to you.

In Florida, wage attachments for "these" kinds of debts are impossible.