Posted by Mike (WA) on January 20, 2010 at 08:32:52 from (69.10.199.3):
In Reply to: Re: Florida timeshare posted by George Marsh on January 20, 2010 at 07:47:12:
Bad news on all fronts. Charities are too smart to take a timeshare- they wouldn't have any better luck converting it to cash than you have. And you can't just "walk away", because the yearly maintenance fee is a contractual obligation, and if you don't pay, many will sue you for the money!
Saddest case I've seen is a little old lady who bought one at a silent auction fundraiser at her church. It was in Atlantic City, an older hotel, no one even wanted to stay there anymore, much less buy a timeshare. She said the funny part was, she didn't even want it- just bought it to help out the church, thought she might give it to a grandkid (no one wanted it). If she was 10 days late paying annual fee, she got letter threatening lawsuit.
I looked at her financial situation, and she was "judgment-proof"- that is, no assets they could execute against, so their judgment would be worthless. I wrote to them, told them her situation, and if they wanted to sue, bring it on.
As far as I know, she never heard from them again.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
... [Read Article]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
