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.
kyl3nol t1_j6jegrs wrote
Reply to J&J’s Talc Bankruptcy Case Thrown Out by Appeals Court by L_Cranston_Shadow
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.