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Wyndham Timeshare files 33 foreclosures |
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Written by TSD Staff
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Wyndham Timeshare has filed foreclosure notices in its resort in Durango, Colorado. The company filed 33 foreclosure notices on timeshare owners who have been delinquent on their timeshare payments.
According to reports, several of the owners owned either multiple weeks or multiple timeshare units at the resort. These units are relatively small, because they were previously hotel units that were converted to timeshares in 1997.
The company announced that the foreclosure sales will take place on May 21, but Wyndham Timeshare did not disclose specific information about the proceedings. They did mention that the 33 timeshare owners owed more than $10,000 each to the company.
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