Lost MY Ownership in OKW

[stl3105]

I need some advise-- I purchased my DVC at OKW in 9/1997, I paid cash ($17,940) Used our points on 2 different vacations. Our business went under in 2001, to that point dues were current. With the above circumstances didn't pay dues for the following 3 years. Disney notified me we no longer owned our shares. Is there anything I can do to get reinstated?

 

[lizanne]

I'm sorry for your troubles and hope things are better now.

I really don't have any advise, but assuming they sent you past due notices and advised you of what would happen if dues were not paid prior to advising you that your ownership was revoked, I would guess that they covered all of the legal angles.

I guess you could call and if they can't provide a solution you could contact a lawyer but I don't know if it would do any good.

I hope it work outs for you.

 

[Dean]

To take it away they'd have to go through legal action, if they did, I doubt there's much you can do if it's completed and recorded. I'd contact them and see. Best case scenario would be to pay all back fees and penalties. It sounds like it's been some time since they actually contacted you. I'd do a search on Orange Counties (assuming WDW resort ownership) and see if anything shows up under your name transferring this to Disney. Given you're talking around 6-7 years dues and penalties, you might be as good or better off buying in again anew, it just depends on the $$$ and what options they give you. That way you could control what home resort, length of RTU and # of points if you'd be better off with a different number than what you had before. I'm sure you'll need to pay cash in this situation, if they did finance you it'd likely require 50% down anyway. Definitely contact your guide and explain the situation and see if there are any options. And let us know back please, good luck.

 

[OKW Lover]

You should first call DVC and find out from them if there is anything you can do. Then you should call your lawyer and find out your legal rights. Actually, you might want to do that in reverse.

 

[dianeschlicht]

I need some advise-- I purchased my DVC at OKW in 9/1997, I paid cash ($17,940) Used our points on 2 different vacations. Our business went under in 2001, to that point dues were current. With the above circumstances didn't pay dues for the following 3 years. Disney notified me we no longer owned our shares. Is there anything I can do to get reinstated?

I a little comfused about your statement. You say dues were current to 2001, but you didn't pay dues from 2001-2004??? Does that mean you DID pay dues 2004-2007? I was uncertain from your statement if you got the notice at the end of those 3 years, or if you got it recently. I do agree that you first need to contact DVC and find out exactly what your status is. I doubt they could revoke membership without legal notice, unless the letter you have IS your legal notice. Is it a letter, or did you get a call? At any rate, you need to contact them and find out the particulars first. That was two pretty expensive trips! I have heard of folks never using their points, but continuing to pay dues. Then there is your case, where you used it for only two trips and sporadically payed dues. Neither of those scenarios makes for good value.

 

[rsinj]

.

 

[Dean]

If this has been through the foreclosure process and it is completed and recorded, there's no reason to throw money at a lawyer on top of that. IF it's still in process, I'd contact DVC first before considering a lawyer in case they give you workable options. I'd keep notes of every single conversation, letter, etc. I'd likely do any correspondence by email or better yet, certified letter with a return receipt.

 

[CarolAnnC]

It is like when you purchase a new car and then do not make the payments. Or when you buy a house but do not pay the taxes year after year. They repossess.

Sorry to hear of your difficulties. May I ask why you just did not sell your DVC ownership at that time?

 

[DebbieB]

If you couldn't pay the dues and having financial problems, why didn't you sell it?

 

[JimMIA]

Sorry you're having these difficulties, and I agree with others that DVC probably foreclosed your account for non-payment of dues. In order to do that, they would have been required to serve you with legal notice of the pending action, and there would have been a court proceeding. It's difficult to believe that you would not have been aware of the actions being taken against you.

You can check that by going to the Orange County Comptroller's website and doing a search under your name (assuming your home resort was one of the WDW resorts). To go there, click here.

If your home resort was Vero Beach or Hilton Head, you'll have to check public records in those counties.

As Dean said above, if a foreclosure is already completed, you're done.

Good luck.

 

[DbleTheFun]

Sorry... but I smell a troll... word of advice, try posting a few times before you create such an outlandish story and expect people to be supportive. Your "1" post gave you away.

 

[dianeschlicht]

Sorry... but I smell a troll... word of advice, try posting a few times before you create such an outlandish story and expect people to be supportive. Your "1" post gave you away.

I'd say that's about right. They would have at least come back to check or posted elsewhere on the board. Of course, it could always be someone we already know by a different name who is just pulling a few chains.

 

[Laurabearz]

I a little comfused about your statement. You say dues were current to 2001, but you didn't pay dues from 2001-2004??? Does that mean you DID pay dues 2004-2007?

I am with Diane on this....

Oh and Welcome to the DIS!

 

[rkdahl]

Based on history I'll predict it will be 4 - 6 years before the OP comes back to view this thread.

However, if they do in the meantime, I'd suggest the only way to "get reinstated" is to by a new ownership in DVC.

 

[Mtnman44]

Let's see. I lose income and cannot use or even pay dues for my DVC contract? I own it in full, having paid cash. So, I decide that my best course of action is to simply not use it and not pay the dues and let it lapse back to DVC, even though I could sell it for what would likely be a small profit.

With all due respect, I would say that a person with this thought process is probably not a good fit for vacation owership at all.

 

[RLRDA]

Isn't foreclosure when you have an outstanding loan balance/mortgage? If this is a legitimate scenario and the OP paid cash in full for the membership how could Disney take ownership of it because of unpaid MFs? Wouldn't they put a lien on it?

 

[macman752]

DVC had to pay the fees and taxes on behalf of the owner for the period of time from the initial default. A lien would not allow DVC to be paid the funds it advances on behalf of the owner unless and until the property is sold. Arguably, if all DVC would do under this circumstance would be to file a lien an owner could go years and years without paying dues and suffer no other consequence than to lose the ability to make a reservation.

Foreclosure would be the best option for DVC, the worst for the OP.

 

[Dean]

DVC had to pay the fees and taxes on behalf of the owner for the period of time from the initial default. A lien would not allow DVC to be paid the funds it advances on behalf of the owner unless and until the property is sold. Arguably, if all DVC would do under this circumstance would be to file a lien an owner could go years and years without paying dues and suffer no other consequence than to lose the ability to make a reservation.

Foreclosure would be the best option for DVC, the worst for the OP.

Actually the other members pay the maint fees.