Identity Theft Attorneys Posted by Damir Pavic

Identity theft can make a person lose his lifetime savings. An identity thief can use your personal information to siphon out huge amounts of money from your account. In addition, they can commit you to huge amounts of debt that might send you into bankruptcy.
Identity theft is another form of fraud, and any one who has committed fraud has committed a criminal offence. It might take you several months, sometimes even years, for you to clear your name. Identity theft gives your name a bad reputation. Financial institutions might refuse to advance you any credit facilities, you might lose trust at work leading to the loss of a job, and sometimes you might be incarcerated for a crime that you did not commit.
This is why it is good to engage the services of an attorney once you realize you are a victim of identity theft. Identity theft attorneys will take you through the step by step legal process giving relevant legal advice and also advising you on your rights.
The first advice that you will get from the identity theft attorneys will be to contact the fraud departments which operate the three credit bureaus. At the three credit bureaus you will be required to explain your details after reporting that you are a victim of identity theft. The identity theft attorney will help you draft the statement that will be used by your financial institution to stop further transactions in your accounts name.
There are various identity theft attorneys who provide online services for victims of identity theft. What you need to do is review your case step by step. Ensure that you are as explicit as possible. The identity theft attorneys will then advise you accordingly on the various steps that you need to take.
Sometimes an identity thief may be caught up within the act. A criminal procedure may then be instituted at the law courts. This might require you to hire a legal attorney who will subsequently represent you. The identity theft attorney will help you evaluate the amount of loss that you have suffered and then take the court through a detailed process of informing it about the consequence of each to you.
At the end of the litigation process, the court will make a ruling. Since identity theft is a criminal offence, there is usually no monetary compensation for your loss. The identity thief will be sentenced to a specified number of years upon conviction. The victim on the other hand will go through the process of clearing his name which might take several months. Sometimes the procedure of clearing one’s name may go past a year. It is a costly process, thus it is advisable to try and prevent identity theft from occurring.

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