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This article answers the question “What Happens If You Stop Paying Your Timeshare?”. The article explains that when a timeshare owner stops making payments, their credit score will be negatively impacted, they may be taken to court, and they may also be subject to collection fees. In conclusion, it is not recommended to stop paying your timeshare as there are serious consequences to doing so.


As a timeshare owner, it’s important to know what happens if you stop making payments. It’s never a good idea to stop paying your timeshare, as the consequences can be severe and long-lasting, including negative impacts to your credit score, legal action, and collection fees. In this article, we’ll discuss what happens if you stop paying your timeshare and why it’s not a good idea. However, it is important to understand what may happen if you decide to stop paying your timeshare, so it is best to weigh the pros and cons before you make a decision and ask yourself: “What if I stop paying my timeshare?”

What is a Timeshare?

A timeshare is an agreement between a buyer and a seller that allows the buyer to have use of a vacation property for a specific amount of time. The timeshare owner pays an initial purchase price and then yearly maintenance fees. Timeshares are often sold as an investment, but the reality is that they can be difficult and expensive to resell, and maintenance fees can increase over time. It is important to understand the commitment you are making before entering into a timeshare agreement. If you decide to quit paying your timeshare, it can result in serious consequences, including foreclosure of the property and damage to your credit, so it is important to consider what happens if I quit paying my timeshare before making a commitment.

What Happens If You Stop Paying Your Timeshare?

If you’re considering stopping payments for your timeshare, it’s important to be aware of the consequences. Unfortunately, stopping payments will have a negative effect on your credit score, you may be taken to court, and you may also be subject to collection fees. In short, it’s not recommended that you stop paying your timeshare, as there can be serious consequences.

Credit Score

If you stop paying your timeshare, your credit score will suffer. Your credit score is a reflection of your reliability with payments, and if you stop making payments, it will take a hit. It’s not just the missed payments that will hurt your score either – you may also be taken to court or incur collection fees, which can further damage your credit score. Therefore, if you’re thinking of stopping payments on your timeshare, think twice – your credit score could take a serious hit. Furthermore, if you’re considering stopping payments on your timeshare, it’s important to note that many timeshare companies, such as RCI Resorts, have strict policies in place regarding late and missed payments.

Legal Action

If you stop paying your timeshare, you may be taken to court. The court may order you to pay the remaining balance of your timeshare, plus the interest, plus fees and court costs. The court may also put a lien on your property, which could prevent you from selling or refinancing it until the lien is lifted. It might be a good idea to consult with a lawyer before taking any legal action.

Collection Fees

If you do stop making payments on your timeshare, you may be subject to collection fees. Collection agencies may contact you and try to collect the debt owed, and they may also file a court judgement against you. It’s important to remember that collection fees can add up quickly, and it is not recommended to ignore them as the total amount owed could become much larger. You may be wondering, “Can I stop paying my timeshare?” The answer is yes, but it is important to be aware of the consequences that may follow.


In conclusion, I would not recommend stopping payments on your timeshare. The consequences are serious and could negatively impact your credit score and even lead to being taken to court. Collection fees may be incurred and it is best to contact your timeshare company and see what options are available to you. It is important to weigh the pros and cons of continuing to make payments or taking other available steps to end your ownership. Related article: what will happen if i stop paying my timeshare.

Alternatives to Not Paying Your Timeshare

Though not paying your timeshare is not recommended, there are alternatives that may be available to you. For example, you can look into negotiating a new payment plan with your timeshare company. You could also attempt to sell your timeshare or transfer your ownership to another person. Additionally, you may be able to file for bankruptcy if you are unable to make payments. Ultimately, it’s important to research your options and speak with a professional to determine the best course of action for your situation. Lastly, if you are a member of Capital Vacations Club, you may qualify for a timeshare cancellation program that can help you get out of your timeshare.

Final Thoughts

When it comes to timeshares, it is best to avoid not paying your dues. There are serious consequences that can occur if you choose to do so, such as damaging your credit score, or even facing a court case. Before making a decision, I would recommend researching all the alternatives to timeshare cancellation and make sure you’re comfortable with the consequences should you choose to not make payments. In the end, it is up to you to decide what is best for your financial situation.

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