If I stop paying a timeshare, will that go against my credit or will it be reported.
Yes - it is common for them to attempt to collect by reporting the data to the credit reporting agencies or suing.
Dallas, TX
Consumer protection Lawyer at Dallas, TX
Practice Areas: Consumer Protection, Credit Repair ... +4 more
Yes - it is common for them to attempt to collect by reporting the data to the credit reporting agencies or suing.
This is something you may want to lawyer-up for. Without more specific information, it will be difficult for me to give you legal advice, but...
They can always come after you. The question you should be asking the BK lawyers is whether you will have a defense.
You CAN handle it on your own, but I generally don't recommend it. Even lawyers have lawyers.
In Texas, after 4 years from the date the contract based debt arises, you CAN still be sued, but you have an affirmative defense of statute of...
That is likely your total amount due, including court costs, because government.
Usually Capital One farms out its litigation.
Your best bet will be to talk with a consumer attorney locally who is familiar with the laws of that state. At that point, if you were in Texas, he...
It will not affect your credit score unless they report it to the credit reporting agencies or get a judgment against you (in which case, it will...
You may end up with a mixed file or with some creditor in a community property state trying to come after you to shake you down for the funds...