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#29713
10/23/2014 09:35 PM
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Joined: Jan 2008
Posts: 374
Traveler
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OP
Traveler
Joined: Jan 2008
Posts: 374 |
I have seen a number of references to "purchases since 2007". Is a different offer being made to folks who purchased before 2007? Or is everyone in the same boat?
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Joined: Jun 2005
Posts: 203
Traveler
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Traveler
Joined: Jun 2005
Posts: 203 |
I believe everyone is "in the same boat." We purchased pre-construction....when the resort was called Millenium.
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Joined: Aug 2000
Posts: 83,871 Likes: 3
Traveler
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Traveler
Joined: Aug 2000
Posts: 83,871 Likes: 3 |
2007 was when Scotia Bank bought the paper I think. So some were thinking, perhaps that Scotia couldn't make the argument that the bank didn't know there were timeshares being sold there, and thus not authorized, because some bought even before Scotia became involved. Frankly, that entire argument that Scotia didn't know and didn't authorize there being timeshares sold there, up to the moment of the foreclosure, is all BS, but whatever. Can't see how they make that argument with a straight face..
Carol Hill
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Joined: Jun 2005
Posts: 203
Traveler
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Traveler
Joined: Jun 2005
Posts: 203 |
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Joined: Aug 2000
Posts: 83,871 Likes: 3
Traveler
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Traveler
Joined: Aug 2000
Posts: 83,871 Likes: 3 |
I 'assume' you received the same letters from Alegria that everyone else did?
Carol Hill
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Joined: Jun 2005
Posts: 203
Traveler
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Traveler
Joined: Jun 2005
Posts: 203 |
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Joined: Aug 2000
Posts: 83,871 Likes: 3
Traveler
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Traveler
Joined: Aug 2000
Posts: 83,871 Likes: 3 |
It appears that they don't know who purchased prior to when the bank bought the paper, or don't care. Legally, it should make some difference, one would think, but I don't practice there.
Carol Hill
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![[Linked Image]](https://www.tickerfactory.com/ezt/d/4;10748;128/st/20240320/e/Cruising+BVI/dt/-3/k/2a34/event.png)
