- Tiempo Compartido
What happens when my timeshare I still owe on gets foreclosed?
I know it will badley affect my credit, but can they sue me for the difference between what I owe and what they can sell it for? Do timeshares get auction off? Can they garnish my wages, will I be able to keep my condo? What happens if I never pay the difference owed? I've read alot on the internet but haven't seen anything from someone who actually went through with the foreclosure.
- Carlos Ramirez Febrero 19, 2018, 11:49 am
If you don´t pay your timeshare, you will be sent to collections, and if you owe a lot of money, there may be a chance that you will be sent to court.Answer SourcePersonal knowledge