Best Way to Exit Your Timeshare: Never Buy One in the First Place

Beware: There is a war on timeshare owners who just want to get out!

Older man who's reading sits in a chair facing the beach in the open double doorway of a beach house.
(Image credit: Getty Images)

If you own a timeshare or, God forbid, are considering buying one, I have one word of advice that has made the timeshare industry mad at me following my April 2021 article quoting Salem, Ore.-based attorney Eric Olsen, founder of HELPS, a national nonprofit law firm that helps lower-income seniors with debt they can’t afford to pay.

In that article, replying to my question, “What do you risk by not paying the timeshare maintenance fee or loan?” Olsen stated, “I can’t recall a single instance where a client was ever sued. Timeshare companies never sue.”

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H. Dennis Beaver, Esq.
Attorney at Law, Author of "You and the Law"

After attending Loyola University School of Law, H. Dennis Beaver joined California's Kern County District Attorney's Office, where he established a Consumer Fraud section. He is in the general practice of law and writes a syndicated newspaper column, "You and the Law." Through his column he offers readers in need of down-to-earth advice his help free of charge. "I know it sounds corny, but I just love to be able to use my education and experience to help, simply to help. When a reader contacts me, it is a gift."