Articles Tagged with gift cards

Bankruptcy Lawyer Bryan W. Stone answers the question: “Can I get credit after filing personal bankruptcy?”

Those following business headlines have likely seen news of how hard hit brick-and-mortar retailers have been in recent years. Though consumers haven’t stopped spending, it does appear that their habits have changed, with far more dollars flowing through the internet than through traditional retail stores. This has led to a string of bankruptcies in the industry, including Aeropostale, RadioShack and American Apparel (which recently filed for the second time). Analysts say that in the coming month and years other big companies are expected to follow suit.

Charlotte Bankruptcy Lawyer Bryan W. Stone of Arnold & Smith, PLLC answers the question “What is Chapter 11 Bankruptcy?”

Gift cards are increasingly popular choices for birthdays and holidays. After all, you put money on a card and the recipient can then spend that however and whenever he or she chooses. Not so fast. If a retailer files bankruptcy, your ability to spend that money may disappear. Keep reading to find out more about what happens to consumers after a retailer files for bankruptcy protection.