5. Is there a CA exemption code for timeshares?
Most timeshares have no value because they cannot be sold.
Can your timeshare be sold? If so, can it be sold for more than what - if anything - is owed on the timeshare?
I don't owe anything on it except annual maintenance and Taxes and I have 2 of them in Florida, and they were paid in full and never had a loan and I don't really need to put them in the schedules, as they would never show up anywhere. but i was conned, paid entirely too much and since 1999 when i bought them, I have tried many times to sell them through companies and online, and I can't even get 1k for them. but maybe the Trustee would have better luck, as I paid dearly for them
There is no exemption specifically for timeshares. However, if they cannot be sold, you will be able to keep them.
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