Please, don't rely I things strangers say on the Internet, but, if I was a creditor, and I knew someone was struggling with their finances, I would hold it against them for not doing everything they could to relieve their obligation on something as frivilous as a timeshare, especially in light of how the general public regards them.
I can see the meeting with the debt counselor . . . "Why the (*^$ did you keep paying on that?"
If the timeshare is the first thing someone struggling lets go, why do you think that is?
I can't help but keep going back to the home mortgage crises, and how it took three or four years and trillions of dollars for the lenders to learn that being a hardass was not in their best interest.
&, since I was saying this to the industry 20 years ago, that they need to be responsible to all their owners, all the way in and all the way out, it's not like I am suddenly singing a different tune.
JMHO
I can see the meeting with the debt counselor . . . "Why the (*^$ did you keep paying on that?"
If the timeshare is the first thing someone struggling lets go, why do you think that is?
I can't help but keep going back to the home mortgage crises, and how it took three or four years and trillions of dollars for the lenders to learn that being a hardass was not in their best interest.
&, since I was saying this to the industry 20 years ago, that they need to be responsible to all their owners, all the way in and all the way out, it's not like I am suddenly singing a different tune.
JMHO
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