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Posted by Reinstatement Services, Inc. on April 20, 2005 at 11:05:10:
In Reply to: Timeshare foreclosure posted by rich on April 20, 2005 at 10:35:56:
your credit and future purchasing power will be severely impaired.
In some instances even after foreclosure has been completed, collection efforts such as wage garnishment and/or loss of other properties to cure the debt might occur depending upon state laws regarding deficiency judgement [assuming the timeshare is in the US].