Over two years ago, I ordered the RV-10 tailcone kit, QB fuselage, and QB wings. About a year later, I had enjoyed the building process so much, and my personal finances took a bit of a hit, that I ordered a slow-build fuselage kit instead. Unfortunately, I let them keep my full deposit (from the QB wings and fuselage). I was still unsure of how I would ever afford to finish building, but I thought I could get that deposit back (minus $500) if needed.
I was almost done with my fuselage kit before the LCP fiasco. Right now I'm on hold. I will need to rebuild almost everything that I have completed so far.
I'm trying to decide whether or not I'm going to keep building or give up on the effort. As part of that, I'm trying to figure out what's going to happen with my deposit.
Here is what I do and don't know about my options.
Scenario A: "Give Up Now"; if I don't agree to the new pricing, my deposit will end up as part of the Chapter 11 process.
Scenario B: "Build On"; if I agree to the new pricing, is it possible that I'll need to pay additional cash towards the deposit?
Scenario C: "Give Up Later"; If I agree to the new pricing, but then before making the final payment I decide to cancel after all, what happens to my deposit then? Especially if I have to put more cash in?
I was almost done with my fuselage kit before the LCP fiasco. Right now I'm on hold. I will need to rebuild almost everything that I have completed so far.
I'm trying to decide whether or not I'm going to keep building or give up on the effort. As part of that, I'm trying to figure out what's going to happen with my deposit.
Here is what I do and don't know about my options.
Scenario A: "Give Up Now"; if I don't agree to the new pricing, my deposit will end up as part of the Chapter 11 process.
Scenario B: "Build On"; if I agree to the new pricing, is it possible that I'll need to pay additional cash towards the deposit?
Scenario C: "Give Up Later"; If I agree to the new pricing, but then before making the final payment I decide to cancel after all, what happens to my deposit then? Especially if I have to put more cash in?