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Thu, Oct 31 2024, 14:34:41Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 12345678[9]10 ]
Subject: Re: Jimbaran Hills Club : What can I do


Author:
Up2u
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Date Posted: Fri, Jul 15 2005, 23:30:30
In reply to: CH Chan 's message, "Jimbaran Hills Club : What can I do" on Wed, Jul 13 2005, 0:58:39

Hi CH Chan

In Singapore once you stop paying RCI, you cannot use their exchange services, I don't know whether the same thing applies in Hong Kong and I don't know whether you bought this timeshare with a Singapore registered company or Hong Kong registered company.

I don't know Hong Kong law, perhaps you want to find out for yourself to know how you can work around your situation .... in Singapore an individual will be declared bankrupt for total amounts owing to one or more party $10k and above. If below $10k with no interest bearing elements tagged with the signed contracts, then it's up to you whether u want to ignore them, hire a lawyer or join the rest of the victims here to hire a lawyer.

Weigh it... the timeshare companies will not want to issue a lawyer letter which will cost them couple of hundreds per person to chase your yearly maintenance of couple of hundreds? Think they'd rather spend couple of hundreds to chase 4 or 5 figure amounts.

Please take time to read all the messages posted here and you will definitely have a clearer picture on what to do for yourself because only u know your situation best.

Open your inner eyes
Up2u

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