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can't afford the timeshare anymore

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I am a retiree , in declining health on  a fixed income. Our timeshare was purchased cash (no mortgage)  and the maintenance fees just keep going up, and we can no longer afford it.  we tried to sell it, donate, or give it back to the resort. They refused.
If we walk away from the timeshare , what are the consequences to our credit? To our family home?  To our children?
We really just want to give it to the resort or anyone that will take it.  We can not afford it anymore.
asked Jul 16, 2016 by anonymous

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