Q: I own a time share. Paid in full. I have received a note from the acting lawyer of a bankruptcy hearing(telephonic) .
To auction to the highest bidder. Does this mean I do not own or are responsible for this time share?
A: Is the timeshare company bankrupt? Without seeing the notice I cannot opine on it, but maybe there is a sale of the property subject to all timeshare interests.
Jonathan David Warner agrees with this answer
A:
I'd want more specific information to issue an accurate opinion, but it sounds like the Timeshare may not be exempt and that the Trustee is attempting to sell it for the benefit of your unsecured creditors.
This is probably a question best directed to your bankruptcy counsel. If you don't have one right now, you may want to hire one at some point soon.
Good luck with your case!
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