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. While this is a good first step, I argue in my article for the bill to address the issue of Bankruptcy and gift cards.

My proposal is for Congress to set some guidelines requiring retailers to honor gift cards during bankruptcy. To read the article, click here.