Comments on: Gift Card Nightmare: When the gift card issuer goes bankrupt http://blog.giftcardrescue.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/ Wed, 08 Sep 2010 15:54:42 +0000 hourly 1 http://wordpress.org/?v=3.0 By: GiftCardBlogger™ http://blog.giftcardrescue.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/comment-page-1/#comment-16 GiftCardBlogger™ Mon, 05 Jan 2009 06:12:15 +0000 http://www.giftcardblogger.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/#comment-16 Jane, Mervyn's did redeem gift cards during the bankruptcy so there was a window of time when you could have used the card (see this article - http://www.giftcardblogger.com/mervyns-files-for-bankruptcy-protection-will-honor-existing-gift-cards/). Now that they have closed all stores, I don't think you have any option left. I guess you could file a claim with the bankruptcy court but since you missed the window during the bankruptcy to redeem your card, I don't know if that will be a viable option. Jane, Mervyn’s did redeem gift cards during the bankruptcy so there was a window of time when you could have used the card (see this article – http://www.giftcardblogger.com/mervyns-files-for-bankruptcy-protection-will-honor-existing-gift-cards/).

Now that they have closed all stores, I don’t think you have any option left. I guess you could file a claim with the bankruptcy court but since you missed the window during the bankruptcy to redeem your card, I don’t know if that will be a viable option.

]]> By: Jane http://blog.giftcardrescue.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/comment-page-1/#comment-15 Jane Sun, 04 Jan 2009 16:34:05 +0000 http://www.giftcardblogger.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/#comment-15 Bought a 50 dollar gift car from Mervyn's in the fall along with her Christmas gift (early buyer) and, of course put the card in the box and wrapped it, not knowing at the time, that that particular store would be going out of business. Now she can't seem to redeem it and I am out the money and she is out her gift. Is there anything that can be done??? Bought a 50 dollar gift car from Mervyn’s in the fall along with her Christmas gift (early buyer) and, of course put the card in the box and wrapped it, not knowing at the time, that that particular store would be going out of business. Now she can’t seem to redeem it and I am out the money and she is out her gift. Is there anything that can be done???

]]> By: GiftCardBlogger™ http://blog.giftcardrescue.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/comment-page-1/#comment-13 GiftCardBlogger™ Sun, 12 Oct 2008 23:45:44 +0000 http://www.giftcardblogger.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/#comment-13 Sandra, The Sharper Image went bankrupt and I believe all their assets have been liquidated. Sorry, but there is not much you can do to redeem the card now. You could have filed a claim with the bankruptcy court while they were going through the liquidation process but I am sure that time frame has elapsed. Sandra, The Sharper Image went bankrupt and I believe all their assets have been liquidated. Sorry, but there is not much you can do to redeem the card now. You could have filed a claim with the bankruptcy court while they were going through the liquidation process but I am sure that time frame has elapsed.

]]> By: sandra http://blog.giftcardrescue.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/comment-page-1/#comment-14 sandra Sat, 11 Oct 2008 17:31:29 +0000 http://www.giftcardblogger.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/#comment-14 I have a $250 from sharper image that my mother gave me and I cannot use it! I can't get a hold of the company or anything....what do I do? I have a $250 from sharper image that my mother gave me and I cannot use it! I can’t get a hold of the company or anything….what do I do?

]]> By: Emme http://blog.giftcardrescue.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/comment-page-1/#comment-12 Emme Tue, 09 Sep 2008 06:42:54 +0000 http://www.giftcardblogger.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/#comment-12 $200....down the tubes! AND, I might even be MORE bummed about the closing of the store because I bought almost all my furniture there. What a deal it was! Guess it wasn't a deal after all, since I'm ripped $200 in the end! :( $200….down the tubes! AND, I might even be MORE bummed about the closing of the store because I bought almost all my furniture there. What a deal it was! Guess it wasn’t a deal after all, since I’m ripped $200 in the end! :(

]]> By: Gift Card Alert: Linens and Things Files for Bankruptcy | Gift Card Blog http://blog.giftcardrescue.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/comment-page-1/#comment-11 Gift Card Alert: Linens and Things Files for Bankruptcy | Gift Card Blog Fri, 16 May 2008 22:41:37 +0000 http://www.giftcardblogger.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/#comment-11 [...] For more on what happens to gift card redemption after a company goes bankrupt, click here. [...] [...] For more on what happens to gift card redemption after a company goes bankrupt, click here. [...]

]]> By: Gift Card Alert: Linens 'n Things going out of business? | Gift Card Blog http://blog.giftcardrescue.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/comment-page-1/#comment-10 Gift Card Alert: Linens 'n Things going out of business? | Gift Card Blog Fri, 25 Apr 2008 11:47:44 +0000 http://www.giftcardblogger.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/#comment-10 [...] you may know, gift cards issued by companies that declare bankruptcy become almost worthless (click here to see why). To show you how serious this can get, AOL recently asked its users to predict which [...] [...] you may know, gift cards issued by companies that declare bankruptcy become almost worthless (click here to see why). To show you how serious this can get, AOL recently asked its users to predict which [...]

]]> By: Gift Card Alert: Borders going Bankrupt? Gift Card Holders Beware | Gift Card Blogger http://blog.giftcardrescue.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/comment-page-1/#comment-9 Gift Card Alert: Borders going Bankrupt? Gift Card Holders Beware | Gift Card Blogger Thu, 20 Mar 2008 11:37:30 +0000 http://www.giftcardblogger.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/#comment-9 [...] want to redeem it now before you become a victim to what happened recently to gift card holders of The Sharper Image or Bombay Company after both declared bankruptcy and suspended redemption of all gift cards. [...] [...] want to redeem it now before you become a victim to what happened recently to gift card holders of The Sharper Image or Bombay Company after both declared bankruptcy and suspended redemption of all gift cards. [...]

]]> By: ThePurePro.com offering $50 credit to Sharper Image gift card holders | Gift Card Blogger http://blog.giftcardrescue.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/comment-page-1/#comment-8 ThePurePro.com offering $50 credit to Sharper Image gift card holders | Gift Card Blogger Fri, 07 Mar 2008 03:33:39 +0000 http://www.giftcardblogger.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/#comment-8 [...] it appears that rivals of the Sharper Image are trying to take maximum advantage of the recent misfortune of The Sharper Image and snatch away it’s customers. For holders of The Sharper Image gift cards, this may be your [...] [...] it appears that rivals of the Sharper Image are trying to take maximum advantage of the recent misfortune of The Sharper Image and snatch away it’s customers. For holders of The Sharper Image gift cards, this may be your [...]

]]> By: Gift Card Alert: $75 million gift cards worthless? | Gift Card Blogger http://blog.giftcardrescue.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/comment-page-1/#comment-7 Gift Card Alert: $75 million gift cards worthless? | Gift Card Blogger Thu, 06 Mar 2008 04:20:06 +0000 http://www.giftcardblogger.com/gift-card-nightmare-when-the-gift-card-issuer-goes-bankrupt/#comment-7 [...] explained in a previous post, when you purchase a gift card, you are essentially giving the card issuer an unsecured loan, which [...] [...] explained in a previous post, when you purchase a gift card, you are essentially giving the card issuer an unsecured loan, which [...]

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