Consumer Protection Law

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Can no longer pay a timeshare I bought years ago. What would…

Customer Question
I am SS and...

I am SS and can no longer pay a timeshare I bought years ago. What would happen if I stopped automatic payment on the timeshare?

Lawyer's Assistant: Have you thoroughly reviewed the contract?

I don't know what to review there is a lot to it.

Lawyer's Assistant: Has any paperwork been filed?

No

Lawyer's Assistant: Anything else you want the lawyer to know before I connect you?

If I continue to pay this I might lose my home to taxes.

Submitted: 8 months ago.Category: Consumer Protection Law
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Answered in 2 minutes by:
11/10/2017
Consumer Protection Lawyer: KnowYourRights, Lawyer replied 8 months ago
KnowYourRights
Category: Consumer Protection Law
Satisfied Customers: 32,312
Experience: Experience protecting consumers against unfair, deceptive, or fraudulent advertising, marketing and financial practices.
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Hi! I will be the professional that will be helping you today. I look forward to providing you with information to help with your question and concern

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Consumer Protection Lawyer: KnowYourRights, Lawyer replied 8 months ago

Good afternoon. What resort is the timeshare with?

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Customer reply replied 8 months ago
Windham Resorts in Orlando Fl
Consumer Protection Lawyer: KnowYourRights, Lawyer replied 8 months ago

Thank you and please allow me a moment. Do you owe any money on it ( mortgage) or is it paid and you just pay the maintenance fees?

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Customer reply replied 8 months ago
I owe both
Consumer Protection Lawyer: KnowYourRights, Lawyer replied 8 months ago

Thank you. They actually have an Ovations program, that is set up to help timeshare owners, who are facing financial hardships. You can call them up now and speak with someone about this and ask if you qualify for it. If they still have it, they require that no money be owed and the fees be current and they often agree to take it back. This would relive you of any financial obligations going forward and you can walk away. They will not pay you any money but they would take it back.

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Consumer Protection Lawyer: KnowYourRights, Lawyer replied 8 months ago

I just wanted to follow up and see if you had any other questions or needed me to clarify something. I am here to help, so please let me know. Thanks!

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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