I would just walk away from your existing timeshare if they won’t take it back and you can’t give it away, and then purchase a resale contract where you want to stay. Odds of a credit hit for only unpaid maintenance fees are low.
Do not, under any circumstances, pay any organization claiming they will help you exit your ownership. They are all scams.
I keep seeing legal advice like this being offered to timeshare owners about "just walking away" as the worst that can allegedly happen is you might or might not get much of anything of a credit hit.
As if there's zero money owed and there's no way the resort will seek to collect in court. Indeed, if the only way for the resort to get its real estate (the timeshare) back is a judicial foreclosure, they'll have to seek both the foreclosure and their owed money via an attorney in a civil law court case.
Which means the defaulting timeshare owner might end up (or at least I can speculate that they might end up) with the following obligations:
a judgment for unpaid maintenance fees PLUS all late fees according to the bylaws PLUS attorney's fees. And, upon getting that judgment, PERHAPS the timeshare entity can't get anything because you haven't got a pot to blankety blank and you're judgment proof or PERHAPS they'll seek to collect your judgment via seizing your bank accounts or even foreclosing on your home.
If you don't pay your $10,000 balance credit card, is the "worst that can happen" that you might maybe possibly get a credit hit?
How 'bout if a person or bank lends you money under a written contract?
I'm sure, fido, that you and others are trying to be helpful, but I wonder if that "just walk away" advice is indeed helpful.
It would be great if this website had stories from people who "just walked away" to see what the aftermath may have been.