Want to Abandon a non-deeded time share

I have owned a multi-week package at Royal Sunset Club, Cancun since 2004. There is no value to these weeks and I am willing to walk away.
The unpaid maintenance fees total >$6,000. I do not want to pay any of the RSC fees or interest, penalties.

Can I just Notify them of my intent to abandon and then do so?.

Ed Jaeckel said:

I have owned a multi-week package at Royal Sunset Club, Cancun since 2004. There is no value to these weeks and I am willing to walk away.
The unpaid maintenance fees total >$6,000. I do not want to pay any of the RSC fees or interest, penalties.

Can I just Notify them of my intent to abandon and then do so?.

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If you have $6,000 in unpaid MF, it looks like you already have abandoned them. How's your credit rating? How important is that to you? That's the only leverage they have. Well, that and no use of the resort, which I suspect is of little concern.

If it was me, I think I'd send them a letter that they can expect not another nickel from you, and see what happens.

Keep us informed. We always get these questions and just have to go with speculation. Once in a while someone will come here and say that they hadn't paid their MF for some number of years, and all of a sudden there is a lien on their house, a 200-300 point hit on their credit and a demand from some lawyer for immediate payment of back payments, interest, penalties, legal fees amounting to $30,000ish. We wish them good luck, and they disappear.

Good Luck!

Jim

And frankly, I'm interested in hearing from folks to default on maintenance fees for timeshares in another country. I've read conflicting reports about whether it will impact your credit rating in your country of residence.

So if the timeshare folks in Mexico don't have your social security number, or social insurance number for us north of the 49th, how easy is it for them to put stuff on my Canadian credit reporting agency or a US reporting agency?

That is the big threat though, they'll put it as an unpaid debt on your credit, which may or may not concern you.