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This a mixture of accurate, inaccurate, and outdated
information.
See:
http://www.snopes.com/politics/business/storeclosings.asp
Bob Fulks
At 06:18 PM 11/20/2008, Ben wrote:
I wanted to give everyone a
heads up that if you tend to give gift cards around the holidays, you
need to be careful that the cards will be honored after the holidays. And
if you have any of these spend them now.
Stores that are planning to close after Christmas are still
selling the cards through the holidays even though the cards will be
worthless January 1. There is no law preventing them from doing this. (On
the contrary,it is referred to as 'Bankruptcy
Planning).
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