• Welcome to the FREE TUGBBS forums! The absolute best place for owners to get help and advice about their timeshares for more than 32 years!

    Join Tens of Thousands of other owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 32 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 32nd anniversary: Happy 32nd Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    All subscribers auto-entered to win all free TUG membership giveaways!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $24,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $24 Million dollars
  • Wish you could meet up with other TUG members? Well look no further as this annual event has been going on for years in Orlando! How to Attend the TUG January Get-Together!
  • Now through the end of the year you can join or renew your TUG membership at the lowest price ever offered! Learn More!
  • Sign up to get the TUG Newsletter for free!

    Tens of thousands of subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

Posted before..First hand consequences of not paying Vacation Village at Parkway Maintenance Fees?

G

gumbow719

TUG Member
Joined
Jun 11, 2005
Messages
233
Reaction score
77
Location
Maryland
Did anyone not pay..and exactly what has happened to them? I would appreciate only factual, experienced posting of what has happened not hypertheticals....Thank you..
 
gumbow719 said:
Did anyone not pay..and exactly what has happened to them? I would appreciate only factual, experienced posting of what has happened not hypertheticals....Thank you..
Click to expand...
Maybe I am too specific..How about anyone not pay any maintenance fees to anyone and what happened?
 
sadly the answer to this every time is "it depends".... is there a loan still attached? just defaulting on maint fees?

tug2.net

What Happens If I Stop Paying My Timeshare Maintenance Fees?

Wondering what happens if you stop paying timeshare maintenance fees? Learn likely outcomes—collections, credit impact, foreclosure risk, and practical owner options.
tug2.net
 
TUGBrian said:
sadly the answer to this every time is "it depends".... is there a loan still attached? just defaulting on maint fees?

tug2.net

What Happens If I Stop Paying My Timeshare Maintenance Fees?

Wondering what happens if you stop paying timeshare maintenance fees? Learn likely outcomes—collections, credit impact, foreclosure risk, and practical owner options.
tug2.net
Click to expand...
Hi Brian, no loans all paid off some 20 years now , just maintenance fees..I posted on Eastern USA posts and got nice info..thanks for the help. Do not care about credit agencies and that seems is all they do in Florida, or can do...tks, Bill
 
gumbow719 said:
Hi Brian, no loans all paid off some 20 years now , just maintenance fees..I posted on Eastern USA posts and got nice info..thanks for the help. Do not care about credit agencies and that seems is all they do in Florida, or can do...tks, Bill
Click to expand...
Have updated info. Out of 5 MF defaults for VV (including Grandview, Parkway, and Weston), 1 got reported to the credit agencies, but that was for a TS mortgage loan default. Hope things go well.
 
gumbow719 said:
Did anyone not pay..and exactly what has happened to them? I would appreciate only factual, experienced posting of what has happened not hypertheticals....Thank you..
Click to expand...
I will let you know! We wrote VV back at the beginning of the year telling them we wish to relinquish the timeshare due to high maintenance fees and that we have not actually visited in 12 years (as well as other personal reasons). They wrote back to say that we could do this if we paid the legal fess - but they did not say how much that would be. We have not replied to any of their correspondence since and we have received a letter from a collection agency. As we live in the UK, we're not concerned that they will be able to demand payment or that it will affect our credit rating. It's not a huge amount owed (less than $1500) so can't see it being worth their while trying to reclaim it from us here in the UK especially in these times of pandemic.. ..but I shall keep you posted.
 
thechefswife said:
I will let you know! We wrote VV back at the beginning of the year telling them we wish to relinquish the timeshare due to high maintenance fees and that we have not actually visited in 12 years (as well as other personal reasons). They wrote back to say that we could do this if we paid the legal fess - but they did not say how much that would be. We have not replied to any of their correspondence since and we have received a letter from a collection agency. As we live in the UK, we're not concerned that they will be able to demand payment or that it will affect our credit rating. It's not a huge amount owed (less than $1500) so can't see it being worth their while trying to reclaim it from us here in the UK especially in these times of pandemic.. ..but I shall keep you posted.
Click to expand...
How did this end up getting resolved? Did they just hassle you and then the issue was dropped? Any exit fees paid? VV MF's have gotten ridiculously expensive.
 
Cyrus24 said:
How did this end up getting resolved? Did they just hassle you and then the issue was dropped? Any exit fees paid? VV MF's have gotten ridiculously expensive.
Click to expand...
I was allowed to surrender back to VV..cost me $1500 to VV and we were done.
 
You must log in or register to reply here.
Top