Use it or lose it: Gift cards could become worthless if the issuer goes bankrupt
Use it or lose it: Gift cards could become worthless if the issuer goes bankrupt FacebookTwitterEmail 1of2 Guitar Center, which has a store in Emeryville, went bankrupt in 2020 and continues to sell and accept gift cards as it works to reorganize and emerge from its financial woes.Carlos Avila Gonzalez / The ChronicleShow MoreShow Less 2of2 Guitar Center, which has a store in Emeryville, filed for Chapter 11 bankruptcy in November but exited on Dec. 22 after restructuring its debt. It continued to honor gift cards during its brief stay in bankruptcy.Carlos Avila Gonzalez / The ChronicleShow M...
Source: sfchronicle.com