Timeshare Foreclosure-maintenance fees

[drearydee]

What is the name of your state? NY/FL
A timeshare vacation property I purchased a few years ago as a naive 23 year-old is now being foreclosed, I do not wish to keep it. I do wish to proceed with the foreclosure as it's my only option to get rid of it. The property was purchased in FL, my former state of residence, where the foreclosure is being filed and pursued.
Can anyone give me any legal advice regarding this?
Also, I've been getting letters from the Resort Financial Services of the group threatening legal action if I do not pay my maintenance fees which have
accrued over the past few years, totaling $2,211.59. Am I legally obliged to pay these fees or can I avoid paying them?
Thanks much!

 

[rainmand]

It would be better for you to offer a Deed In Lieu of Foreclosure to the Lender than it would be to be foreclosed upon because your credit wouldn’t be damaged quite as bad. You are obligated to pay the maintenance fees and will probably/eventually receive a Judgement against you if you don't pay them. The Judgement will harm your credit and will need to be paid off before being able to qualify for another home loan. It's best to take care of it before it gets nasty.