Bankruptcy & Gift Cards »

Warning! Beware of Fake Gift Card Balance Sites

Warning! Beware of Fake Gift Card Balance Sites

An article was just released on Thursday from the Consumerist about fake gift card balance sites that are looking to steal the value of your gift card. The sites were professionally designed and executed, but immediately…

Eddie Bauer Going Out of Business – Will Honor Gift Cards

Eddie Bauer Going Out of Business – Will Honor Gift Cards

Eddie Bauer is going out of business. The outdoor apparel retailer filed for Chapter 11 Bankruptcy protection on June 18, 2009. This marks a second bankruptcy for the company within a decade as the company successfully…

Get $50 HHGregg Credit for Circuit City Gift Card

Get $50 HHGregg Credit for Circuit City Gift Card

If you are still holding on to a Circuit City gift card, you have one last opportunity to redeem it for cash. HH Gregg, the electronics retailer is offering Circuit City gift card holders the opportunity…

CertifiChecks files for bankruptcy – will not honor gift certificates

CertifiChecks files for bankruptcy – will not honor gift certificates

CertifiChecks Inc, is going out of business and will not honor gift certificates. The Ohio-based online gift certificate company has filed for Chapter 7 bankruptcy liquidation. The company blamed its predicament on the challenging economic environment….

Fortunoff going out of business – Will not honor gift cards

Fortunoff going out of business – Will not honor gift cards

Fortunoff, a New York-based luxury goods store, filed for bankruptcy protection earlier this month, citing the worsening economy for its woes. Fortunoff now joins a growing list of retailers that have filed for bankruptcy in the…

Gift Card Swap – Trade KB Toys gift cards for Toys "R" Us Coupon

Gift Card Swap – Trade KB Toys gift cards for Toys "R" Us Coupon

Are you stuck with worthless KB Toys gift cards? Here is some good news. Toys “R” Us is offering KB Toys gift card holders the opportunity to trade in their gift cards for a 15% Toys…

Circuit City may go out of business by 1/16/09

Circuit City may go out of business by 1/16/09

Circuit City, the electronics retailer may go out of business if a buyer is not found by January 16, 2009. The company, which filed for Chapter 11 bankruptcy protection in November 2008, had planned to reorganize…

Gift Cards not to buy

Gift Cards not to buy

Avoid buying gift cards from retailers that are in trouble. The following is an updated list of major retailers that have recently filed for bankruptcy or have closed all stores. There may still be people out…

KB Toys to redeem Gift Cards during Bankruptcy

KB Toys to redeem Gift Cards during Bankruptcy

As announced in this post, KB Toys has filed for Chapter 11 bankruptcy protection and will be closing all stores. The main question, as far as this site is concerned, is whether they are going to…

Federal Gift Card law should address bankruptcy issue

Federal Gift Card law should address bankruptcy issue

Here is a link to an article I published recently on EzineArticles that talks about Sen. Charles Schumer of New York’s plan to introduce in 2009 a federal legislation that will set standards on gift cards….