Legal Question in Credit and Debt Law in Florida

We bought into ownership in Hilton Grand Vacations back in 2013. Still owe $21m. Do we have any recourse for getting out from under this contract? Our credit is really good and we don't want to hurt it, but this has got to go!!!


Asked on 9/24/15, 3:16 pm

2 Answers from Attorneys
Barry Kaufman The Law Office of Barry W. Kaufman

Probably not, unless the other side has performed in such a way as to breach the agreement. Talk about a longshot way of getting out of the contract. The fact of the matter is that you entered into this contract - you made a bargain. The fact that the bargain has turned sour for you 2 years into it is not a legal reason for a Court to let you walk away from it. Selling your interest is likely the only way to get out of it

Read more
Answered on 9/24/15, 6:08 pm
David Slater David P. Slater, Esq.

Without reading the agreement, no one can answer.

Read more
Answered on 9/24/15, 6:18 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Florida