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• 1. T

     Timeshare and Bankruptcy

     Thanks for the comments No, it's not a particularly valuable timeshare, and I had also thought about asking a lawyer about possibly keeping it in the family, with a FMV, or keeping the TS in our name, but selling the "right of use" to family for the FMV if we were to actually sell it. That...

     • txdebtfiasco
     • Post #5
     • Mar 13, 2005
     • Forum: Consumer Bankruptcy
  2. T

     Timeshare and Bankruptcy

     Thanks, more... Thank you Ladynred for the input, I really appreciate it. I also appreciate the non-judgemental attitude (THANKS!). If you don't mind, I have a couple more questions. 1. My husband and I have a joint bank account. Should we go separate since he has no part of the BK? 2...

     • txdebtfiasco
     • Post #3
     • Mar 11, 2005
     • Forum: Consumer Bankruptcy
  3. T

     Timeshare and Bankruptcy

     What is the name of your state? TX Background: My husband and I own a deeded timeshare outright. We purchased it last May, and the mntn. dues are paid for two years. I am considering filing Chapter 7 BK on $60K+ of credit card debt. I first tried a debt settlement company, but I can't even...

     • txdebtfiasco
     • Thread
     • Mar 11, 2005
     • Replies: 4
     • Forum: Consumer Bankruptcy