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week in grandview las vegas want to get rid of help needed!!

prior

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Hi Ive just found this forum looked at lots of things on the internet struggle to trust anyone wanted to know how to get out of my timeshare grandview week 10 las vegas as I dont use it, and dont want the yearly costs which is about £230 also I live in the uk and what happens if I chose to stop paying any advice welcomed.
 

vacationhopeful

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OP -- while you are proud of your UK heritage, us colonials still need help with your very long 1 sentence request. Perhaps, you might edit it into smaller segments of thought for clarity.

And Welcome to TUG! :hi:
 

DeniseM

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Is it paid off, or are you still paying for it? (I know you have a maintenance fee, but are you still making payments on the original purchase?)

If you are still paying for it, there is no way to get rid of it unless you are willing to go into foreclosure on it. If you were in the US, that would mean you would be turned over to collections, and your credit would suffer, but since you are in the UK, I'm not sure what the legal fall-out would be. (I'd ask a solicitor in your own country.)

If it is paid off, you can probably give it away, but sadly, it has little or no resale value.

How to give your timeshare away on TUG: http://www.tugbbs.com/forums/showthread.php?t=132509

BIG WARNING: Now that you have posted here, you will probably be contacted by scammers who promise they can get you out of the contract, or sell it for a high price, for a big upfront fee - this is always a scam - don't fall for it.
 
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prior

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Hi apologies for my lack of grammar. My timeshare is all paid up to date, basically I just want to free myself from responsibility and yearly maintenance. I would be delighted to just give it away to someone that could use it. I just don't know the legal requirements in las vegas to sign it over to someone nor what they could do to me if I just stop paying my maintenance as I live in the UK. I was just looking for help and advice from others in my situation. Many thanks to everyone in advance who have took the time to write to me.
 

Rent_Share

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There has been no one return here to post, that has actually defaulted on an international timeshare maintenance fee obligation.

Most contracts have a venue clause that allows the creditor to litigate at the least possible cost to them. That being said the judgment obtained is only enforceable against assets located in the jurisdiction that issued the judgment. {The Specific State}
Reporting the debt to one of the three US credit bureaus can impact the debtors ability to obtain or the rate of future financing and does sometimes compel a debtor to settle the bill.

I am not aware of anyway for a US judgment or debt to end up on a UK credit report.
Since you are located outside of the contract venue, the debtor would need to then apply to a court in your jurisdiction (the same legal theory applies to US citizens, an out of state judgment is called a 'foreign' judgment) to confirm the judgment, before they can take action to enforce the judgment.

http://www.ccaacollect.com/images/enforcing.pdf


Although, all of the costs associated with collecting a debt,get added to your debt, the creditor will generally not incur those expenses, unless he has knowledge of assets that can be attached to satisfy the original obligation and the additional out of pocket costs incurred.

Rather than rely on a US based message board of active timeshare owners asking advice on defaulting on a US Contract obligation, you should get the advice of a solicitor familiar with the actual impact of walking away from a US contract.

https://www.gov.uk/legal-aid/what-youll-get

If you have a moral issue with defaulting (the cost of default was built into the purchase price and continues to be budgeted for in the ongoing maintenance fees) Then you should try to give it away which might cost you additional funds in prepaying maintenance fees. If you do take the give it away route, be sure to use one of the closing companies recommended to make sure both the deed recording and resort transfer is completed.
 
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DeniseM

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TUGBrian

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there ya go, moved it to bargain deals...since you are giving it away post up the info.
 

prior

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Thanks for your replies the unit sleeps 4 in an apartment. 2 in a seperate bedroom and a pull out double sofa bed. u are allocated a unit however I think this changes to what's available but they are the same standard. Thanks for the info on American law sounds like living in the UK its not worth them chasing me if I stop paying maintenance. I will look to upload info on giving it away as I'm new to this site my take me a little while to find my feet u have all been very helpful thanks.
 

Rent_Share

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I would confirm that with a lawyer in the UK, Giving it away is not a problem, there are people that can recommend a closing company that will do that for around U$ 150, you just need to find a willing taker.

Take a look at some of the other posts in this section " Copy " the format and be sure to stop by regularly to post again to move it to the top of the pile to seem fresh
 

hdt2k4

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If you paid for the closing costs, I would take it. Please pm me.
 

inmylife34

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im new to the site

i am willing to take it off your hands also pm me if you would like to
 

DeniseM

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inmylife34 - If you are familiar with Las Vegas - this resort is right across the driveway from South Pointe Casino. It's our favorite TS in Las Vegas.

If you click on the poster's blue user name, you can contact them directly.

Good luck! :hi:
 

prior

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Hi inmylife 34 have emailed you wondered if you have received it.
 
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