Timeshare Foreclosure Is Not the Best Option
Many people think timeshare owners can simply turn the timeshare back or walk away from the contract without repercussions. Wrong! A timeshare is treated the same in terms of law as regular real estate. A timeshare is foreclosed in the same way as a home mortgage.
from: http://ezinearticles.com/?Timeshare-Foreclosure-Is-Not-the-Best-Option&id=6391803
