In 2012, 16.6 million people had their identity stolen which resulted in $24.7 billion in financial loss. Every year more than 23,000 Texans report being victims of identity theft with thousands more unaware that thieves use stolen information to obtain new credit cards, open checking accounts, get medical services, or evade taxes. It’s a serious crime that can wreck your finances, credit history, and reputation. Among identity theft victims who spent 6 months or more resolving financial and credit problems, 47 percent experienced severe emotional distress.
The Impact of ID Theft
- Denial of credit
- Loss of credit rating
- Harassment by bill collectors
- Loss/denial of employment
- Tax problems
- Denial of drivers license renewal
- Denial of public benefits
- Denial of medical care
- emotional distress
Signs of Identity Theft
- Your credit report shows accounts that are not yours
- You received statements, bills, and collection notices for accounts that you never opened
- You received in the mail pre-approved credit offers with someone else’s name on it
- An unfamiliar name or address appears on your credit report
- Medical providers bill you for services you didn’t use
- Your health plan rejects your claim because the records show you’ve reached your benefits limit.
- You get notice a data breach occurred at a company where you were a customer
- You were paid by an employer you don’t know
- More than one tax return was filed using your Social Security number
Repair Identity Theft Immediately
You must act immediately after you’ve discovered you are a identity theft victim.
- Place a Fraud Alert. Call one of the three major credit bureaus and issue a fraud alert. They are required to notify the other reporting companies when they receive an alert.
- Contact the companies where the fraud occurred.
- File a fraud complaint with the FTC and make a police report.
- Monitor your Credit Report. A credit report can help you determine if anyone has used your name to open accounts or take out a loan.
- Dispute the Credit Report – You may attempt to correct the fraud on your credit report problems yourself.
The FTC website offers practical advice on how you can repair the damage caused by identity fraud here. As you’ve probably noticed, there are many tedious steps, dispute letters, deadlines, documentation, and work involved to repair your credit report. In situations where your social security number or medical insurance information gets stolen, there are even more legal roadblocks to clear and advisable to get a lawyer. With an emergency like this, you cannot afford to waste valuable time and money. Call a San Antonio attorney experienced in identity fraud cases.
You Need A Lawyer for Identity Theft When:
- The dispute process is very tedious and you are getting nowhere with the credit reporting agencies to correct the fraud.
- You are sued by creditors attempting to collect debts incurred by the thief
- You are being harassed by creditors attempting to collect debts incurred by the thief
- Creditors or credit reporting agencies are uncooperative to assist with your rights to repair your credit
- Your case is very complex or involves non-financial identity theft like medical identity theft
The Meyrat Law Can Help You Immediately
The Meyrat Law Firm navigates quickly through the legal obstacles to stop identity theft and repair the damaged caused on your finances. The Meyrat Law Firm can stop and prevent the harm caused by identify theft, recover your stolen money, correct your credit score, and restore your reputation. We’ll get your identity back in no time.