I recently became aware of a situation in Canada affecting thousands of timeshare owners.
Long story short---developer went bankrupt, new owners came in, found the place in horrible shape and is now offering two options:
$4,000 in assessments per interval to fix it
$3,000 to get out
On top of it, they gave owners almost no time to make the decision.
As I said, this is the very short version of a very long story.
I contacted some of the people on their Facebook page that they set up and told them that I would make this forum available to them in the sincere hopes that the more coverage this received, the better chances the owners would have for a fair and equitable solution.
Today, I heard from an owner that RCI will honor a membership (complete with all benefits such as Getaways, etc.) even if the member chooses to walk away from their timeshare.
This is troubling on an entirely different level.
Thoughts? Rebuttals? Setting the record straight?