I need a guide to help me decide how best to exit

[VacationForever]

I've been watching the resale market for WorldMark closely as I have been looking to buy for about 3 months. It seems the value of WorldMark is something like a bell curve based on points owned. Way up at that top end - 135k annual points - you will not find many people willing to take on those monthly maintenance fees so the demand is going to be pretty low for that account. 135k annual points is probably worth less than 50k annual points for that reason.

I don't think that is true. Large accounts have diminishing returns but will still sell for more than a 50K account. I have a 35K account but if I don't already own MVC and Vistana (Chairman's Club level, which means alot), I would buy a 135K account in a heartbeat. You should look at the trust brokers' websites. They have varying size accounts.

 

[GTLINZ]

Best of luck with this and taking care of your dad, @jowashington . Great advice has been given here and there seems to be a clear plan that minimizes the damage (recoup some money via credits, then stop paying).

If there is discomfort with defaulting, you can search and find many threads here on TUG where other posters share their experiences about when they defaulted. This experience is shared by many who refuse to keep being taken advantage of.

Very few of us are in a position to give legal advice, but we do use this BBS to share information, My memory of reading thru some of those posts is that many credit agencies are simply familiar with people being scammed by timeshares and do not hold this as a serious offense. I believe many said they have called the credit agencies and gotten their accounts noted with concise details about the situation.

You may want to go thru some of those threads yourself.