Lonestar exiting company

[Klwheeler01]

I gotta cut them at least a little slack. They at least JOINED TUG as paid Members, unlike most drive-by posters. The information placed here by experienced TUGgers (if they come back to read it) should at least make the decision make sense to them.

I did come back to read as this is a serous matter and advise I am looking for to get out of the timeshare. My gut feeling at that table in Myrtle Beach was not to take the upgrade to the present timeshare we already had but my spouse insisted. As of date now he wants to no longer be married. I do not want to carry this heavy payment into the separation. I definitely want out of this debt more than ever.

 

[Fido Chuckwagon]

Nevada is a non-judicial foreclosure state. You’re fine. Seriously, just stop paying. You’ll get some scary collections letters/calls, but you can write them a letter telling them to stop contacting you by phone (and debt collection agencies follow that since the penalties for not following it are severe). All that will happen is maybe a credit hit, and it’s not an end of the world credit hit if you otherwise have good credit.

 

[rickandcindy23]

and to add on to this, the optics of a timeshare developer beginning to SUE their own customers who have no other options... would be far more damaging than any monetary loss from defaults.

Yes, I think this is very true.

 

[Fido Chuckwagon]

Also, holy smokes at $1435 per month. I’d bet almost anything that you could take way better vacations by literally just sticking $1,000 per month in a savings account and then just spending it down for your hotel stays (Even just cash-booking HGVC hotels off the Hilton website). Timeshare math never works when you’re financing a huge upfront cost at 15 percent interest.