Submitted by L_Cranston_Shadow t3_10p7jsw in news
kyl3nol t1_j6jegrs wrote
I have heard that this is something that those "Get out of your timeshare" companies will do. They will create a shell company, sell your timeshare to the shell company, and then the shell company informs the resort that it is going bankrupt and wont be paying the fees anymore. Sue the shell company all you want but it's entire assets are some sheets of paper and staples holding them all together.
Xinlitik t1_j6joivz wrote
At least in that case the timeshare company can repossess the real estate and sell it again. Talc victims would just get straight screwed.
[deleted] t1_j6l0ulz wrote
[removed]
Mobely t1_j6ko8c9 wrote
I don’t think so. Those companies send a letter on your behalf saying they won’t pay . Then you get sent to collections.
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