The 1099-A reports Acquisition of Secured property. It is used to report foreclosures and things. Not sure that your time share applies - that should have been reported on a 1099-C - cancellation of debt. Unless you owned some portion of the building that was used to secure the time share loan.
In your case I would expect a 1099-C to arrive to show the debt cancellation.
The 1099-A will show a sale that needs to be entered onto schedule D to see if there is a capital gain on the sale of the foreclosed property.
Here is some TurboTax guidance for your 1099-A.
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