What to do
If your rebate is displayed in CPG's database, you will be affected by the bankruptcy. Although CPG has yet to make an official statement (we contacted CPG for this story and are still awaiting a reply), certain companies are reaching out to their customers asking them not to cash their rebate checks. If you've recently received or are expecting a check from one of the affected companies (partial list below) fulfilled via RebateStatus.com, your best best is to not cash the check, as it may bounce. Instead, keep all of your documentation intact so you'll have it handy as more news becomes available.
Partial list of merchants affected
Bed Bath & Beyond
Smith Micro Software
XFX XM Satellite Radio