Exiting HGV Max from Canada

[Donald an owner]

My wife owns two DRI US Collections with a combined 11,000 points after upgrading them into an umbrella HGV Max membership a year ago December. We are both lifetime Canadian residents. We recently spoke with the DRI Transitions program, and were a little shocked to learn that exiting these two contracts would not only require making the usual Maintenance Fee payment (done already) for 2025, but also if eligible for the program when it re-opens (anyone speculating on when this might happen?), that a further 18 months of maintenance fees would have to be paid on both contracts. Even if we found ourselves looking to exit in 2026, we would first have to pay the 2026 Maintenance Fees, and then still add 18 months to that amount. And in the meantime, one cannot apply if one has an outstanding reservations. In total 30, or 42 months of maintenance fees just to hand back these contracts. Given that we are not much interested in doing that, and given also that there is a lot of observations on various forums to the effect that resale of points in not likely to end up as an attractive option, our question is "What, if anything, would be the consequence of not paying future maintenance fees, given that we reside in Canada and have no other financial ties to the USA?"

 

[GT75]

Great question and I will let those ”in the know” answer that question. One suggestion would be to list your two contracts for free in the free give away forum. This will not affect your other decisions.

Thread 'How can I give away my timeshare on TUG for Free?'
https://tugbbs.com/forums/threads/how-can-i-give-away-my-timeshare-on-tug-for-free.132509/

Thread 'What details should I include in my Free Giveaway Listing?'
https://tugbbs.com/forums/threads/what-details-should-i-include-in-my-free-giveaway-listing.354242/

 

[cd5]

My wife owns two DRI US Collections with a combined 11,000 points after upgrading them into an umbrella HGV Max membership a year ago December. We are both lifetime Canadian residents. We recently spoke with the DRI Transitions program, and were a little shocked to learn that exiting these two contracts would not only require making the usual Maintenance Fee payment (done already) for 2025, but also if eligible for the program when it re-opens (anyone speculating on when this might happen?), that a further 18 months of maintenance fees would have to be paid on both contracts. Even if we found ourselves looking to exit in 2026, we would first have to pay the 2026 Maintenance Fees, and then still add 18 months to that amount. And in the meantime, one cannot apply if one has an outstanding reservations. In total 30, or 42 months of maintenance fees just to hand back these contracts. Given that we are not much interested in doing that, and given also that there is a lot of observations on various forums to the effect that resale of points in not likely to end up as an attractive option, our question is "What, if anything, would be the consequence of not paying future maintenance fees, given that we reside in Canada and have no other financial ties to the USA?"

Check with tarda.org - they should be able to give you good advice on getting out.
What I have heard (no personal experience) is that for trust products on which there is no loan, you can simply default. The credit bureaux in Canada (trans union & Equifax) don't report any collections to the US ones and vice versa.