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Can't make payment on my timeshare. What are the consequences? Please need some help.

[Q=jeannemcg1] If your parents signed a contract they could not read then the contract is voidable under the laws in most states. This is true no matter the terms of the contract. Moreover, if you parents believed they were actually buying "property", and not a time share, then fraud may be involved, and they are entitled to treble damages in most states if this can be proved. There are also various consumer protection laws available in most states. There is no impact on U. S. visa visitor or immigration status nor are there U.S. criminal law ramifications. Consult a local lawyer to send a letter to the time share company . Consider contacting the Consumer Law Center in Boston, Mass., USA for assistance/referral to a Florida lawyer at no charge. Good luck. [/Q][/Q] Why would someone buy a timeshare and not be able to read the contract? Also, timeshares are listed in county real estate records as property owned whether or not you deem timeshares to be real estate.