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Non deeded point default

e.bram

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What happens when a member defaults on dues of a trust owned points club like Innseason or Festiva?
 

ausman

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Why the question. ?

A delinquent owner in dues should be similar for all points systems.

See Worldmark and Wyndham, Bluegrass and those you mentioned.

Collection procedures.

Same as for weeks based.
 

ronparise

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there may be no deed, but there is a a note, if the membership was financed, and there is a agreement to pay maintenance fees. On my club wyndham access assessment summary they call it a HOA Fee

Call it what you will; the end is the same, they will take back your "ownership" and you wont have the legal protection that you would if it was real property.

And Im sure they can employ big men with last names that end in vowels, and with baseball bats to break your knees if you dont pay, to collect what they are owed...But the real consequence will be reporting you to the credit bureaus. If good credit is important to you, thats probably the biggest deal
 

ausman

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Try Credit Card debt then for an approximate process.

Non Secured debt, but they will still come after you.
 
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