Attorney General Peter F. Kilmartin today announced that holders of gift cards purchased from the former retailer RadioShack can now file claims seeking to recover the unused balance on their cards.
Consumers who have unused RadioShack gift cards with a balance may go to the website www.oldradioshackgiftcards.com to learn about the claims process and obtain a claim form, which they can submit electronically or by mail.
The deadline for filing claims is December 2, 2016 and consumers in all fifty states are eligible to file proofs of claim.
"We are pleased that consumers who purchased RadioShack gift cards will be able to file claims to recover funds left on their gift cards," said Attorney General Peter F. Kilmartin. "I am also cautioning consumers that no one associated with this settlement will contact them by phone or email to ask for personal or financial information, or to request any type of payment. If you receive such a request, it is most likely a scam."
The claims process is part of a settlement agreement previously approved in the U.S. Bankruptcy court in Wilmington, Delaware and supported by 24 states, including Rhode Island, and the District of Columbia.
All claims will be reviewed according to the court approved plan and settlement which established the RSH Liquidating Trust and authorized it to review and approve claims in accordance with the court's orders.
Under the Court's order, the Trust will treat as a priority claim and pay one hundred percent of the balance on the cards to consumers holding gift cards that were purchased (by either the holder of the card or by the person who gave the card as a gift) from RadioShack, the RadioShack website, or any of its authorized sellers (Safeway, Incomm, or PointMobl).
Cards acquired in any other way (for example, in exchange for a merchandise return, to resolve a customer service dispute, or as a service contract/warranty refund) will not be treated as priority claims, and those claimants may not receive full or any payment.
Participating in the settlement with Rhode Island were the following states: Tennessee, Pennsylvania, Oregon, Arizona, Arkansas, Florida, Georgia, Hawaii, Illinois, Indiana, Maine, Maryland, Massachusetts, Missouri, Nevada, New Hampshire, New York, North Dakota, Ohio, Texas, Virginia, Washington and the District of Columbia.