My wife's family has deeded to her their timeshare weeks. The resort is not highly rated and is not a place for a younger group. We are considering walk away from this timeshare and not paying the matenance fees any longer. Are there any penalties for this type of action or should we just sell the time back to the owner. We are worried that our actions may impact our credit rating. Her family have owned two weeks (red) at the same site.
Any thoughts on this or if you have a web sight that would advise us on a course of action that would be greatly appreciated.
Thank you for your time.