Tentative deal forces RadioShack to swap gift cards for cash - FOX 8 WVUE New Orleans News, Weather, Sports, Social

Tentative deal forces RadioShack to swap gift cards for cash

Tentative deal forces RadioShack to swap gift cards for cash

The bankruptcy court overseeing RadioShack's case still needs to approve the deal. (Source: FOX 8 graphic) The bankruptcy court overseeing RadioShack's case still needs to approve the deal. (Source: FOX 8 graphic)

There's hope for people worried they'll never be able to take advantage of an old RadioShack gift card.

The electronics store started to sell itself off earlier this year, leaving customers with $46 million worth of unredeemed gift cards.

According to New York State Attorney General Eric Schneiderman, the company has reached a settlement with attorneys general from six states that will force the chain to swap gift cards for cash.

The bankruptcy court overseeing RadioShack's case still needs to approve the deal.

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