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Can foreign collection of unpaid fees affect my credit score in US

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Time share fee based on points and purchased in Mexico has not been paid and turned over to collection. What affect will this have on my fico score in US if I walkaway?
asked Aug 10, 2016 by anonymous

1 Answer

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Depends on a number of factors. Some timeshares have a US presence that enables them to cost effectively collect debt from US residents. Odds are high the company will attempt to collect the debt. May not be to late to try and sell or donate the timeshare. It may still be worth consulting with a lawyer to determine if a breach of contract is possible.
answered Aug 10, 2016 by travel4fun (11,790 points)