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Re: SXM Tourism Minister Comments on Timesharing
[Re: BarleyMan]
#37859
02/07/2015 08:10 AM
02/07/2015 08:10 AM
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Joined: Jan 2010
Posts: 3,631
Oyster Pond St. Martin
soualigacapt
Traveler
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Traveler
Joined: Jan 2010
Posts: 3,631
Oyster Pond St. Martin
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BarleyMan said:
I don't think there is much they can do retroactively. True reform will dictate sales agreement language, deed restrictions, and loan provisions. But if a company goes bankrupt like Caravansari, all contracts are off and you will be out your money depending on the agreement of the purchaser. Timeshare reform will not change bankruptcy law.
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