Legal Question in Bankruptcy in Michigan

Most likely, but you need to review the terms of your timeshare agreement. If you "own" the timeshare, then they can likely foreclose - it would be the same kind of situation wherein you owned a condo and didn't pay the association dues. If you are just part of a rental pool wherein you pay a certain amount to have access to the timeshare for X weeks per year, then you likely just forfeit your interest and all monies you have invested. Start by reviewing your contracts and agreements, and then you may want to contact a lawyer to advise you on your legal options. Bottom line: due to your limited income, you likely need to stop paying and let it go, regardless of any loss of investment.