One of the most important parts of returning your life to normal after your identity has been stolen is to fill out an identity theft police report. Filling out an identity theft police report will make the police aware of the theft and will allow them to charge the criminal with the crime when they are found and if your information can be linked to them in any way, they will be charged with the crime. Unless the police are aware that the identity theft has occurred, there is no chance that the criminal will ever be charged with the crime.
Why Is Filling Out The Report Important?
In many cases, any credit card companies that you contact to close accounts that were opened because of the identity theft will require you to fill out an identity theft police report before they will consider your claim to be valid. You may also be required to sign a waiver allowing the credit card company to prosecute the person that has opened the fraudulent account to the full extent of the law once they have been found so that the credit card company can recoup their losses. Identity theft fraud costs credit card companies and banks millions of dollars each year and allowing the criminals to be prosecuted in criminal court means that the company many be able to get back some of the money that they lost.
Once you have filled out an identity theft police report, chances are that you will not be held liable for the accounts that were opened fraudulently in your name. Many credit card agreements have a waiver that the person will not be held accountable in the event of the account being used by another person for criminal matters and will cancel the account at the request of the victim with very few questions asked. It is easy for the credit card company to determine whether a credit card is being used for fraudulent purchases because after the credit card has been issued, the criminal charges as many items to the credit card as possible in a short amount of time, maxing it out, and never make any payments on the bill for the account.
What Happens After You Fill Out The Report?
After you fill out the identity theft police report, there is little else that you will need to do until the criminal that was using your identity has been caught. If you have authorized the credit card company to pursue the conviction of the criminal, you probably won’t even have to show up at the court for the trial of the criminal. In some cases, the criminal will be conducting their criminal operations in another state, which would make it difficult for the person to attend the court hearings, but in the majority of the cases, just filing an identity theft police report is enough to ensure that the criminal will be tried for the crime.
How To Report Possible Identity Theft
It is important for every person to know how to report possible identity theft. Identity theft is a terrible offense that causes a great deal of financial problems for the people that are affected by the crime. The problems associated with identity theft will generally occur …What Steps Should Be Taken To Report Identity Theft? – Protection Against Identity Theft – Identity theft is a horrible crime that continues to victimize a person long after the theft has occurred. The hassles start when the crime is discovered and continues as the victim tries to repair the damage that was done to their credit history. If the person is lucky, they …How To Avoid Losing Money Through Credit Report Identity Theft – Protection Against Identity Theft – Credit report identity theft is becoming more and more of an issue each year as more people go through the hassle of having their personal information stolen. So how can a person avoid losing a great deal of money from an occurrence of credit report identity theft? There are …
Most people generally believe they don’t have the knowledge or time to properly fix their own credit without the assistance of a professional credit repair service. In some cases, when there are extreme issues such as multiple charge-off accounts, collections and bankruptcies, a credit repair service may be the best option. But in many cases, individuals can easily take repairing their credit on with out much difficulty.
All you’re really trying to do is have any negative items or reporting errors removed & corrected on your credit reports. This goes a long way in helping to improve your credit scores. Keep in mind, you are not likely to have legitimate negative items such as delinquent payments, outstanding unpaid debts and loan defaults removed from your credit reports before the allotted time for these accounts has expired. You can however, ask the credit bureaus to remove unauthorized credit inquiries, outdated negative items & accounts from your credit reports.