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Your gift card and refund rights when a company goes into administration explained
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It's been a bit of a grim few years for some of the big brands on the high street. Thousands of businesses bit the dust last year – and that's before COVID-19 kicked in.
This week we learned that more businesses could potentially go into liquidation. So understandably, lots of the people I speak to are concerned about what happens when a business goes bust when you still have vouchers, gift cards or pending orders.
Then there are the airlines and holiday firms who are issuing vouchers for future use for people who can’t travel or take their holidays due to the lockdown restrictions around the world.
So what are your rights and what can you do if you’re worried about a firm going out of business? Vouchers A voucher is basically a piece of
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COVID-19
United States
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Deaths: 750 423
Recovered: 0
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India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
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Brazil
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Deaths: 608 235
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United Kingdom
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Russia
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Deaths: 237 619
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