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Time-Shares/Not paying on timeshare

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Question
I'm so sick of wasting money on this timeshare from Westgate. I feel like I need to just stop paying on this timeshare. A few weeks ago, I spoke with a law firm. They have asked for 4500 upfront to get out of the timeshare. Any other firms cheaper that can help? I don't want anything to hurt my credit as I'm looking to buy a house within the next 2 years. This timeshare has taken a huge toll on my budget and stresses me out. Any help would be greatly appreciated.

Answer
Hello Derek,

There are other firms that are cheaper. Searching for timeshare cancellation should give you a big list of them. Just compare them all and go with whichever you feel most comfortable. I always recommend requiring the funds be held in escrow.

As far as just not paying, it may hurt your credit. Each timeshare system is different on whether they report or not.

Let me know if you have any other questions.

John

Time-Shares

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John Kushman

Expertise

I can answer any questions regarding the timeshare industry, developer sales, resales, vacation clubs, donation, liquidation, listing, for sale by owner, RCI, II, SFX exchange. Anything related to timeshares or campground memberships or fractional vacation real estate

Experience

I have been in the industry for 7 years. I started selling timeshare for a developer in South Dakota. I then transitioned into the escrow side of the resale market and I am currently the VP of Sales and Marketing at Resort Closings, Inc. Resort Closings Inc is the largest timeshare escrow service in North America. It provides full service timeshare transfer as well as sales.

Education/Credentials
High School Diploma. 3 years of Higher Education.

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