I am just wondering because some owners are saying they are getting collection calls. Can a collection agency report you to a credit agency? I guess I was assuming if the collection agency got your account, if you didn't pay, they would report you....very interesting what you had stated.
Very interesting is this is actually happening!
Definitely let me know what an attorney says. I'd be interested in entertaining this route if they feel they can help us.
I'm really appreciating owner updates on what happens when they choose the no MF payment option. I hope their credit doesn't get negatively affected, because it would seem really unfair and unfounded.
This hasn't been verified. So far just something posted. Need actual proof. We have to be careful with information. Also, if there are no owners for a building, then the POA can use it as it sees fit.
This is great. Thanks!
Thanks!
Yes, we are concerned about it hitting a credit report with no fault of our own.
John placed a clipboard on the table during the owner's meeting. He asked anyone interested in "selling" their timeshare to him to place their contact info on the list. We placed our info on the list, but we have not heard from him. Apparently, the plan is to get 5 buildings into shape to meet RCI's standards to get back into good standing. I can't really see how this will help. Although it EV is back into RCI, then owners will pay dues, and John will have less to invest into the buildings to have them as possible units for guest to stay from his concerts or wedding venue.
It appears John Oakes wants to provide "Places to Stay" for people attending his events. Check out Poconos Park's website, which has been greatly expanded. It would make sense that he is interested in EV. He can offer weeks for rent. It sounds like he might be only interested in buying certain weeks, in perhaps certain buildings? If I were him, I'd be looking for the buildings that have the least ownership to invest in so that I could buy the remaining weeks and have the whole building. If owners pay dues, he doesn't have access to those weeks to rent--right? Or maybe he would only buy prime summer weeks and leave the off season for owner weeks? Question: Did he mention how much he would buy your week for, or did you offer it for free? What week do you have? I would think he would want a whole building. But then, if he owned a building, RCI would no longer be involved in that building. Also, how much in MFs would he now owe EV? Would they give him a break to compensate for the renovations? I don't understand how 5 buildings fixed up would help other owners in other buildings with RCI. Sooo many questions. But, I'm pretty sure when this is all ironed out, we will have a special assessment.
We converted our weeks to points in RCI. So I am infuriated that our points for 2023 were removed from RCI (after paying MF) and we would not be able to reserve week at EV until 2025 (not that we would ever want to stay there as I have a compromised immune system) even if we did pay MF for 2024. So we are not getting any service/product for 2023 nor 2024 (if we paid). I feel this is good enough to dispute the collection process. Anyway, John Oakes has to FIND the deeds. He has been buying up weeks, but it has been difficult finding the deeds as they were not properly recorded. So even if he were to buy our weeks, we would have to pay him something to cover the process of the deed search/transfer, etc. I doubt that they are charging him MFs as he is planning to invest a huge sum of money to renovate units. Anyway, that is the plan that he presented at the meeting.
We converted to points also. Such an infuriating mess. I called the EV office and left messages many times after receiving maintenance fees this year, but never received a call back. Didn’t pay fee, but then received letter from Blackwell Recover, so paid. If EV can’t even locate deeds how can we be on the hook for anything? Does anyone have an address for John Oakes, we certainly would offer up our timeshare week. Also, interested in any legal action a group of owners would like to pursue.
Thank you for providing your perspective. My points were removed for 2023. From what I understand, the suspension occurred after January of 2024. Therefore, I called RCI and reminded them that the suspension occurred at the beginning of 2024 which should have no bearing on the points I paid for in 2023. My 2023 points were reinstated. Try giving them a call to see if you can recover your 2023 points.
Resale Closings is a common timeshare closing company. They may be using them to do the deed recordings through Simplifile. Simplifile is one of only a handful of companies that can electronically file deeds with the counties.
My sister in law works in the bank in financing and she said, if it does put a ding on your credit score, and you are looking to take for example a car loan out, just send a letter to the bank explaining what is happening or in this case, not happening, and if all your other loans and bills have been paid on time, the bank will take this into consideration, and most likely will still give you the loan.
I only got to Section 2, and I think they already violated that section because I never received a letter from the secretary advising when the meeting was.