Bankruptcy and Gift Cards - 4 reasons why retailers should honor gift cards during bankruptcy reorg
A retailer under chapter 11 bankruptcy protection should continue to honor gift cards since it will help the company maintain customer loyalty, minimize competitor actions, project a business as usual image, and Increase sales.
Reliable Bankruptcy Information
Making the decision to file bankruptcy is hard. Here’s an overview of how the process works.
Reliable bankruptcy information is challenging to find.
Bankruptcy is one of the most difficult, ofttimes even traumatic, situation that can be faced in life. Often due to unexpected medical expenses, changes in employment or other unforeseen circumstances, bankruptcy is a last-ditch alternative for persons who face insurmountable debt, foreclosure and other harsh financial challenges.
Bankruptcy is an miserable event that can happen to anybody - from the young entrepreneur to the most experienced businessman. Since the economic landscape is ever changing, as is the stock market, thousands of persons can’t say they live in complete security any more.
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