Since I pay my timeshare bills and will continue to do so, I am unfamiliar with FL foreclosure proceedings.
That said, I just received a "formal notice" from one of my FL facilities informing all timeshare owners there that henceforth they will be utilizing the (much less expensive and much more timely) avenue of non-judicial proceedings for initiating foreclosures on delinquent owners.
So, I'm just wondering --- has there been a recent change in FL law, newly creating and enabling the option of non-judicial proceedings for foreclosures --- or is this particular resort simply just waking up to this option that already existed?
That said, I just received a "formal notice" from one of my FL facilities informing all timeshare owners there that henceforth they will be utilizing the (much less expensive and much more timely) avenue of non-judicial proceedings for initiating foreclosures on delinquent owners.
So, I'm just wondering --- has there been a recent change in FL law, newly creating and enabling the option of non-judicial proceedings for foreclosures --- or is this particular resort simply just waking up to this option that already existed?