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HVC deedback questions

taylormade1953

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Greetings All, this is my first time posting so please be patient. A little background, we own 17,500 points which started out with DRI, bought into the HVC Max program and now life circumstances have changed, and we no longer want and / or need this timeshare. We have started in the transitions program but with it being paused and no update from HVC on it resuming, our thought is to not pay our upcoming MF. I understand the collection and credit avenue, but has anyone proceeded down this route and been sued by HVC or received a judgement in favor of HVC?
THANKS very much
 

Tamaradarann

TUG Review Crew: Expert
TUG Member
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Location
Honolulu, HI
Resorts Owned
HGVC Las Vegas, HGVC Las Vegas on the Strip, HGVC Sea World, Misner Place
Greetings All, this is my first time posting so please be patient. A little background, we own 17,500 points which started out with DRI, bought into the HVC Max program and now life circumstances have changed, and we no longer want and / or need this timeshare. We have started in the transitions program but with it being paused and no update from HVC on it resuming, our thought is to not pay our upcoming MF. I understand the collection and credit avenue, but has anyone proceeded down this route and been sued by HVC or received a judgement in favor of HVC?
THANKS very much
The comment that I made earlier today was about HGVC Deedbacks not HVC. I don't know anything about HVC Deedbacks. Your

I understand and agree with the way you describe no longer wanting and/or needing a timeshare. This is the situation that many owners will confront either through changes in income or the natural course of aging which everyone will eventually confront. ALL timeshare companies need to comprehend and deal with this. Ignoring it is just making the maintenance of the other owners higher do to delinquent maintenance. This makes owning of timeshares less desirable for everyone. It is better for the owners of a resort for their HOA or the Developer to Deedback and then rent or sell a timeshare unit rather than have a owner default on their maintenance for numbers of years until the HOA or Developer decides to go throught the costly and timeconsuming Foreclosure Process.
 

GT75

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Gig City in Tennessee
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Legacy HGVC
FAVC-Cabo
A little background, we own 17,500 points which started out with DRI, bought into the HVC Max program and now life circumstances have changed, and we no longer want and / or need this timeshare.
Please post your question in the HVC forum because most of us are unfamiliar with HVC/DRI.

btw, if you still have a loan on your recent purchase then you will not be eligible for the HVC/DRI transition program.
 
Last edited:

dioxide45

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NE Florida
Resorts Owned
Marriott Grande Vista
Marriott Harbour Lake
Sheraton Vistana Villages
Club Wyndham CWA
Greetings All, this is my first time posting so please be patient. A little background, we own 17,500 points which started out with DRI, bought into the HVC Max program and now life circumstances have changed, and we no longer want and / or need this timeshare. We have started in the transitions program but with it being paused and no update from HVC on it resuming, our thought is to not pay our upcoming MF. I understand the collection and credit avenue, but has anyone proceeded down this route and been sued by HVC or received a judgement in favor of HVC?
THANKS very much
The only legal action that DRI/HVC is likely to take will be a lien and foreclosure action. If all you owe are annual maintenance fees, then only the trust HOA is able to file foreclosure. They will simply take back the timeshare. They may start out with collection calls trying to get you to pay.

Have you tried giving away your points for $0 to someone else first?
 

alwysonvac

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New Jersey
Resorts Owned
WORLDMARK, HGVC, VISTANA

SOLD (DVC, FSRC)
Greetings All, this is my first time posting so please be patient. A little background, we own 17,500 points which started out with DRI, bought into the HVC Max program and now life circumstances have changed, and we no longer want and / or need this timeshare. We have started in the transitions program but with it being paused and no update from HVC on it resuming, our thought is to not pay our upcoming MF. I understand the collection and credit avenue, but has anyone proceeded down this route and been sued by HVC or received a judgement in favor of HVC?
THANKS very much
Link to HVC forum

Link to HVC deedback thread located at the top of that forum

Default tracking based on what some have shared.
 
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