Looking to exit HGVC Hawaiian Collection

[md1111]

Unfortunately I've come to the point I can't just afford it anymore. Looking for anybody who shares my same experience and just thinking about defaulting. Does anyone know or recommend a lawyer who is prominent potentially in this group who can help me understand any legal proceedings to default? I know I will take a credit hit and I rather have low credit than no money.

I am about to default on my Marriott too as I undergrad Florida protects time share owners more than other states. Read just walking away and taking the hit is the best option.

I really appreciate anybodies feedback.

I looked into selling but I can't with my high loan amount still.

 

[md1111]

Sorry typo , *understand Florida protects*

 

[geist1223]

In that you are using the term Hawaiian Collection I assume these are from DRI which I believe is now HVC not HGVC. If I am correct they are pretty worthless on the resell market. No lawyer or so called relief company will be able to help you. Hopefully the Account is paid off and you have only ongoing Maintenance Fees. Your best option will be to simply stop paying and they will eventually default. If you have any payments tied to a Credit Card you will want to cancel that Credit Card. There may be a hit to your Credit Report. Just ignore all emails, telephone calls, etc. If you receive telephone calls inform them you only want to be contacted by Mail. If there is a Loan on the Account you will take a hit to your Credit Report. There is a major restriction on resell DRI Points. They purchaser can only use them in the Home Collection.

 

[RX8]

If you are thinking of defaulting, recommend that you read though this:
https://tugbbs.com/forums/threads/2022-timeshare-default-credit-report-collection-tracking.304138/

 

[md1111]

In that you are using the term Hawaiian Collection I assume these are from DRI which I believe is now HVC not HGVC. If I am correct they are pretty worthless on the resell market. No lawyer or so called relief company will be able to help you. Hopefully the Account is paid off and you have only ongoing Maintenance Fees. Your best option will be to simply stop paying and they will eventually default. If you have any payments tied to a Credit Card you will want to cancel that Credit Card. There may be a hit to your Credit Report. Just ignore all emails, telephone calls, etc. If you receive telephone calls inform them you only want to be contacted by Mail. If there is a Loan on the Account you will take a hit to your Credit Report. There is a major restriction on resell DRI Points. They purchaser can only use them in the Home Collection.

I can actually use it on any resorts in hgvmax resorts listing.

Im not looking for a lawyer to help me get out of it. Just need help understanding if for HGVC to pursue a deficiency against me in WA?

 

[md1111]

If you are thinking of defaulting, recommend that you read though this:
https://tugbbs.com/forums/threads/2022-timeshare-default-credit-report-collection-tracking.304138/

I looked through like 3 pages. But noticed not many people defaulted on marriot and hilton. Is that a sign they couldn't or they were able to hold on to it?

 

[geist1223]

I can actually use it on any resorts in hgvmax resorts listing.

Im not looking for a lawyer to help me get out of it. Just need help understanding if for HGVC to pursue a deficiency against me in WA?

As for HGVC/HVC pursuing you in WA it depends. In that you still have a high loan amount HGV/DRI might pursue you or they could sell the Account to a Collection Agency. What is your Base Timeshare? In addition to DRI You must have joined MAX. MAX does not transfer upon resell. So a resell has 3 negative factors. The MAX does not transfer upon resell. The original basic Points can only be used in the Hawaiian Home Collection. HGV/DRI will not transfer an Account that has a loan outstanding.

As for Attorney advice the State Bar has a 1-800 referral #. You describe the problem and they provide the contact information to 2 or 3 local attorneys that have agreed to provide an initial consultation to hear your facts and provide basic guidance at a reduced fee.

 

[geist1223]

There are different State Laws that might apply. The State in which the purchase was made. The State in which the Timeshare Corporation has its Headquarters. The State Law specified in the Purchase Contract. Some States by Statute have their State Laws apply for its Residents. So the default action might be filed in Florida or Nevada the Court might apply Washington Law. The most common is for the Purchase Contract to specify which State Laws apply in any dispute. Several years ago the Arizona Attorney General filed an Action against a Timeshare Company (I believe DRI) the Judgment was applied against any Timeshare Purchases in the State or Arizona and as to any Arizona Residents no matter where they purchased the Timeshare.

If I remember correctly Florida Law is anti-deficency State for certain types of defaults.

 

[md1111]

As for HGVC/HVC pursuing you in WA it depends. In that you still have a high loan amount HGV/DRI might pursue you or they could sell the Account to a Collection Agency. What is your Base Timeshare? In addition to DRI You must have joined MAX. MAX does not transfer upon resell. So a resell has 3 negative factors. The MAX does not transfer upon resell. The original basic Points can only be used in the Hawaiian Home Collection. HGV/DRI will not transfer an Account that has a loan outstanding.

As for Attorney advice the State Bar has a 1-800 referral #. You describe the problem and they provide the contact information to 2 or 3 local attorneys that have agreed to provide an initial consultation to hear your facts and provide basic guidance at a reduced fee.

Thanks for you reply:

Just so I understand "HGV/DRI will not transfer an Account that has a loan outstanding" - for my case if I were plan to default it doesn't matter right?

---

For the thread record for Washington State folks:
The Washington State Bar Association (WSBA) doesn't directly provide attorney referrals but offers resources; you can call their general Service Center at (800) 945-WSBA (9722) or (206) 443-WSBA (9722) for information, or use their website for other help like Volunteer Lawyer Programs or online searches.
To Find Legal Help in Washington:

1. Contact the WSBA Service Center: Call (800) 945-WSBA or (206) 443-WSBA for general questions and to learn about programs.
2. Visit the WSBA Website: Go to wsba.org/for-the-public/find-legal-help for links to:
   • Volunteer Lawyer Programs: Connects people with pro bono (free) lawyers in their county.
   • Limited License Legal Technicians (LLLTs): For specific family law needs.
   • Washington Law Help: Self-help legal resources.
3. Use Online Finders: Check out sites like LegalMatch or the American Bar Association's Free Legal Answers for online assistance.

 

[RX8]

I looked through like 3 pages. But noticed not many people defaulted on marriot and hilton. Is that a sign they couldn't or they were able to hold on to it?

Defaulting isn’t a question of could or couldn’t, just stop paying and you are in default.

Post 148 has a summary. Two of three HGVC had a credit hit as a result of default. And those three all had loans. Not sure if yours is paid off or not.

[ 2022 ] Timeshare Default Credit Report/Collection Tracking

Two more data points

tugbbs.com

 

[md1111]

Defaulting isn’t a question of could or couldn’t, just stop paying and you are in default.

Post 148 has a summary. Two of three HGVC had a credit hit as a result of default. And those three all had loans. Not sure if yours is paid off or not.

[ 2022 ] Timeshare Default Credit Report/Collection Tracking

Two more data points

tugbbs.com

Mine is not paid off for MVC and HVGC - so I guess I should be part of that metric?

 

[TUGBrian]

if you are defaulting on a loan, you can simply assume its going to get reported to your credit.

 

[md1111]

if you are defaulting on a loan, you can simply assume its going to get reported to your credit.

Thanks @TUGBrian - Also I believe I watched your youtube video I believe. You talked about this and wanted to get more clarification to move forward. Currently in talk with a lawyer to fully understand legal of my contract. Will post more as updates come in. So based on the metrics in the tracking - noticed there were some for Marriot and Hilton - are you able to refer me who had experience with them? Or tag them onto this post? I want to know their experience.