Thruster88 Posted January 22 Share Posted January 22 Some good news. 65% is a good number, still a big number. Van's Resumes Shipping Kits, 65 Percent Of Customers Renew Orders - AVweb WWW.AVWEB.COM Van’s Aircraft says 65% of customers have agreed to pay more for their kits and more than 100 of those kits have now been shipped. The company, which went into bankruptcy a month ago, says it’s... 2 Link to comment Share on other sites More sharing options...
RFguy Posted January 22 Share Posted January 22 so what do the other 35% who do not agree to pay more do ? 1 Link to comment Share on other sites More sharing options...
rodgerc Posted January 22 Author Share Posted January 22 They become unsecured creditors and wait in line with all the other creditors for a refund. 1 Link to comment Share on other sites More sharing options...
Flightrite Posted January 23 Share Posted January 23 The “gun to the head” mentality is working well!🤮 Link to comment Share on other sites More sharing options...
facthunter Posted January 23 Share Posted January 23 Chapter 11 allows you to trade out of an otherwise "Bankruptcy" situation. I think it has something going for it as the "lesser of two evils" . Nev 1 Link to comment Share on other sites More sharing options...
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