If you already have a bankruptcy on your credit report that was recent, your credit is going to be messed up for years anyway. Find a lawyer who deals with bankruptcies (since yours closed up shop), and ask if a foreclosure will do anymore damage then you already did with the bankruptcy. It will depend on how long ago you filed for it. Whether or not it would actually be a foreclosure, I’m not sure. It might be listed as a write off which would still affect your credit in normal circumstances. Wyndham could chose to go after you for the amount you still owe, through the courts. It is a substantial amount, and depending in how much it would cost to go to court and get your wages garnished, they may chose to do so, so tread carefully. You definitely need to get one of those free consultations. It probably goes without saying, do not buy any more expensive impulse buys. In fact, never to go a timeshare resort again because they will all try to get you to buy. Between this and your bankruptcy, it should be clear to you, that you are not great with money. Sorry to sound harsh, but you need to hear it. Stick with cash. If you don’t have the money to pay cash for a luxury item, wait u til you have saved up for it. Better yet, take that money and invest it. That investment doesn’t come with monthly fees like a timeshare does and it actually makes you money over time.
