Co. Shutdown Leaves Gift Certificates In Question

DAYTON, Ohio — Is that gift certificate still good?

CertifiChecks Inc., which sold gift certificates to businesses and individuals around the U.S., has shut down. That leaves thousands to wonder if unredeemed certificates are now worthless.

The Ohio based company, which operated in 47 states, says it is filing for Chapter 7 bankruptcy. It hasn’t made clear whether it will honor the unredeemed gift certificates.

Many businesses and chambers of commerce around the U.S. promoted the Dayton-based company by offering gift certificates worth up to $100 that were redeemable at local businesses.

A Catholic hospital in Illinois says its employees have $30,000 worth of unredeemed gift certificates.