Well... the first thing that comes to mind is that there's two sides to every story... and that 'fast forward' can involve a lot of time.
I guess I'd ask the guy if he intends to pay for it... and if he doesn't, will he sign the item over so that it can be sold. Then sell it to get something out of it. I presume from you tone that the selling price won't cover the repairs... If he won't do that, then slap a warehousemans/mechanics lein on it and sell it anyway. That has the added bonus of the owner having his name plastered in the local paper...
Beyond that I wouldn't do any further work for the guy without up front payment, if I could even be bothered doing that much.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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