Timeshare Foreclosure Information by State

How To Protect and Prepare Yourself Against Timeshare Foreclosures In Every State

Timeshare foreclosures are much more common than other property foreclosures for the simple reason that late payments of HOA fees is enough to begin the process. The consequences of a timeshare foreclosure will affect your credit rating and ability to borrow money in the future. 

In order to protect yourself against foreclosure and its negative effects on your financial record you will want to understand the two distinct types of foreclosure that... Read the rest of this entry »

Canadians and U.S. Timeshares

One of our users left the following comment on our Westgate Timeshare Orlando article in response to another person's comment:

"We are seriously considering walking away from our TS with Westgate. We are not so concerned with our credit rating since we are Canadian and the banks and creditors here tend to look at your payment history as a whole and these types of “blemishes” don’t seem to bother us much if you can offer a valid argument. That being said, I have checked and Westgate is not listed as a creditor on our credit reports. My question is... Read the rest of this entry »

Timeshare Foreclosure Consequences

One of our users left the following comment on our "What Happens If I Stop Paying My Timeshare?" article in response to another person's comment:

"I agree and have a Westgate time share and am going through similar problems and feel scammed…. My biggest question and concern is: If I “walk away and don’t pay” and let foreclosure happen on the time share can Westgate go after other properties I own? Im not worried about the credit scar, but am worried that liens can be put on my other property. Does anyone know the facts about how far they... Read the rest of this entry »