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 »

Westgate Town Center

The following is a user-submitted story about their experience with Westgate Town Center in Florida:

"Let the buyer beware! As timeshares go this is far from the worse. I have stayed here a couple of times. The first year the accommodations were very nice and the view was awesome. We traded in, as we own via Marriott. Of course we received the hard sell presentation. We opted not to buy but were really considering and chose to wait until the next year when we returned to Orlando. We were then offered a "special offer" of a two bedroom unit for... Read the rest of this entry »

Rescission Period With Timeshare Upgrade

One of our users left the following comment on our 10 Steps to Successfully Rescind Timeshare article:

"I have a question and wonder if any of you have done this before.
I am a westgate customer and want out. I have beiong paying for my unit for 4 years, so I have passed the rescission period. everytime I go they over to upgrade me. When I upgrade I will have to sign a new contract, which should void my other correct? If I upgrade then could I use the law of rescission and get out of the contract?
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