carlbarry
Guest
I called the Swap Letter Hotline on November 24, and stated that I had not received any notification yet regarding my Star Island ownership.
I was told it seems the notices are going out in waves, and as she has received calls from Star Island owners who have already received the notification, she would have someone call me in 7-10 business days.
Here's what else she told me; I hope this helps others:
Club Wyndham Access (CWA) has 70 resorts. However, you can book at any Club Wyndham resort. You are not restricted to the 70 resorts.
You can book a CWA resort 13 months in advance. All other Club Wyndham resorts can be booked at 10 months out.
My MF will drop from $48+ per month to $34.59 per month.
As for the default of expecting a payout from the bankruptcy, I mentioned that I am a lawyer, and my experience is that after paying expenses, Trustee fees, lawyer fees, the owners will get at best pennies. She laughed and implied that yes, that is the expectation.
I was told it seems the notices are going out in waves, and as she has received calls from Star Island owners who have already received the notification, she would have someone call me in 7-10 business days.
Here's what else she told me; I hope this helps others:
Club Wyndham Access (CWA) has 70 resorts. However, you can book at any Club Wyndham resort. You are not restricted to the 70 resorts.
You can book a CWA resort 13 months in advance. All other Club Wyndham resorts can be booked at 10 months out.
My MF will drop from $48+ per month to $34.59 per month.
As for the default of expecting a payout from the bankruptcy, I mentioned that I am a lawyer, and my experience is that after paying expenses, Trustee fees, lawyer fees, the owners will get at best pennies. She laughed and implied that yes, that is the expectation.