How do I escape the KBV nightmare???

[slweil]

I am looking to surrender my timeshare at Pahio Kauai Beach Villas. Of course there is no way to get a hold of anyone in order to do that right now. Wyndham wants no part of it, and has less information that we owners do. I don’t want to waste any more money there. Just a summary of my visit last week: Got there early, let them know, they couldn’t check me in yet as my room wasn’t ready. Nowhere to eat on property except the poolside bar that is part of the Outrigger Resort. Came back just after 4 pm and the computer was down, could not check in until after 5 pm. Even then, my room wasn’t ready. Once I was in the room, the furniture is probably 20 years old, except the bed. The bed was fabulous. The tech was also great. Nice TVs, wifi, etc. The room smelled like mildew, the repairs had been sloppy at best. I spend only 1 night there. Despite the comfy bed, I went to the Sheraton, at least they had a beach that was safe to go in the water. The first thing they said upon check in was not to go into the water because the undertow was too unsafe. No thanks.

 

[DeniseM]

As you probably know, the resort is declaring bankruptcy, and it will close Dec. 31st. All you can do it let the process take it's course.

 

[bnoble]

The good news is you will be rid of it before too much longer, one way or another. I also suspect there will be little to nothing in the way of ongoing costs going forward.

 

[tango]

You sound like this is the first time that you have been there. Please say that you have not only just bought it.

 

[magmue]

Please say that you have not only just bought it.

It looks like @slweil has owned there for awhile - s/he's other previous post was in December 2022 about KBV MF fees.

 

[slweil]

It looks like @slweil has owned there for awhile - s/he's other previous post was in December 2022 about KBV MF fees.

I bought it in 2002. It’s an alternate year time share and I haven’t been there since 2006 for a number of reasons I was on Kauai in 2021 but stayed at the West in Princeville I attempted to add on some time at thWest in Princeville I attempted to add on some time at KBV but they said they were full somehow I’m not so sure that’s true.

 

[slweil]

The good news is you will be rid of it before too much longer, one way or another. I also suspect there will be little to nothing in the way of ongoing costs going forward.

chapter 11‘s can take years and they can still operate during that time and therefore charge maintenance fees during that time. Only if they stay shut down, do I not have to pay my maintenance fees

 

[DeniseM]

Have you received the letters and voting material about the upcoming bankruptcy? Wyndham has ended their management contract with Pahio as of Dec. 31st, and the board just sent out a letter stating that the resort is closing then. It seems extremely unlikely that they will re-open.

MORE INFO

 

[slweil]

I certainly hope not. But it doesn’t mean it won’t happen. That’s my concern. I wanna make sure that I’m no longer responsible for paying maintenance fees

 

[slweil]

Chapter 11’s can have a trustee appointed and someone to manage the corporation so that income can continue in order to pay off the creditors, if that seems feasible. My hope is it does not seem feasible. I just don’t know why they didn’t file a straight chapter 7 if it was not their plan to continue to operate

 

[bnoble]

Take a deep breath and read the various threads. This resort is never going to reopen. The buildings are tear-downs, and everyone in a position to make this decision knows it. It has been clear from the first parittion vote more than two years ago that closure is the end game.

 

[slabeaume]

chapter 11‘s can take years and they can still operate during that time and therefore charge maintenance fees during that time. Only if they stay shut down, do I not have to pay my maintenance fees

got this email yesterday---
Aloha Kauai Beach Villas Interval Owner,

On October 7th, Wiss Janny Elstner (WJE) provided the Kauai Beach Villas AOAO and IOA Boards of Directors an update on the condition of the association's buildings. Upon being made aware of WJE's additional findings of potentially unsafe conditions resulting from building deterioration, and upon WJE's recommendation, the IOA Board of Directors determined that for the safety of all timeshare owners and guests that all timeshare unit occupancy will be discontinued as of January 1, 2026.

If you are a deeded weeks owner currently holding an existing reservation in 2026, you will be contacted by the PAHIO Owner Services team for further details concerning the cancellation of your reservation(s). The PAHIO Owner Services team may also be contacted directly at (866) 523-8477. If you are a Club Wyndham points owner, you will be contacted by Wyndham's Owner Services team to discuss options which may include cancellation, rebooking to another CWP-affiliated resort or other Kauai/Hawaii-based options. Wyndham's Owner Services team may also be contacted directly at (877) 883-3640. If you have banked your week with RCI, all points banked with RCI need to be used prior to the account becoming inactive with the bankruptcy and sale of the property. The RCI Owner Services team may also be contacted directly at (800) 338-7777.

For all remaining guests and owners arriving to Kauai Beach Villas this year, please be informed that, upon arrival to the resort, you will be provided safety information including but not limited to the necessary prohibition of accessing all 2nd/3rd floor unit lanais/balconies due to safety concerns. Additionally, Buildings G and H remain closed for ongoing structural repairs.
Mahalo.

 

[jacknsara]

Chapter 11’s can have a trustee appointed and someone to manage the corporation so that income can continue in order to pay off the creditors, if that seems feasible. My hope is it does not seem feasible. I just don’t know why they didn’t file a straight chapter 7 if it was not their plan to continue to operate

Aloha,
Why do you believe the type of bankruptcy that the AOAO is or will be pursuing is chapter 11?
I’m not a lawyer but my guess is the IOA’s decision depends on the AOAO.
We all know that Wyndham has much influence in both boards.
Jack

 

[DeniseM]

The ballot listed Chapter 11 Bankruptcy.