2 years ago I was looking to get a little work done on my boat. I stopped by an on shore marine, there were men in suits walking around the place and a few police. They asked me if I had a boat in there. I said I didn't, but was looking to get some work done. I was told they had kipped the country. They had sold several boats that had been brought in for service work. Had also sold some boats to 2 different people. A bunch of people were paying for boats that they no longer had.
That was one time I was glad I had procrastinated.