Hello - I can't help much if your rust is so bad the latches are falling off. However, my Intruder was apparently built with un-coated rail pieces, and I had terrible surface rust all over the compartment frames.
In my case, I just did what I could: remove the latches, wire brush everything, primer with hardware store rust-stop, and finish with Rustoleum flat black.
I got it all two years ago, still looks great, no recurrence of rusting. I hope you can catch it at this stage, and good luck.
Wayne
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