BarbaraHudson's Journal: Coupon sites dealfind, teambuy bankrupt, bought by Ncrowd

Less than 2 weeks ago, the company that owns discount coupon sites dealfind.com and teambuy.ca filed for bankruptcy. People who had bought discount coupons aren't getting refunds from either teambuy or the individual merchants (who are also refusing to honor the coupons).

Deal-lovers who bought everything from tooth whitening treatments to digital cameras on DealFind.com and TeamBuy.ca are angry about getting burned along with some merchants after the cut-rate online coupon sitesâ(TM) insolvency filing in Canada.

One of Canadaâ(TM)s largest coupon websites has filed for bankruptcy protection, leaving customers stranded. Couch Commerce Inc., the parent company of Teambuy.ca and Dealfind.com, went into financial restructuring in Canada under the Companiesâ(TM) Creditors Arrangement Act on Aug. 29.

This month, it sent form-letter emails to customers, saying they could not get refunds related to any purchases made on or before that date. Nor could they use any credits issued on or before that date.

The new acquirer, ncrowd, currently has an empty FAQ page, so former dealfind and teambuy customers need to rely on blogs and the press for information.

We've done groupon

[smittyoneeach]

We got turned on to the local butcher and produce store by them. Good times.