We Help Correct Issues with Identity Theft and Fraud

Has someone else used your personal information to open a credit card, apply for a loan, or purchase items? Identity theft is an intimate crime, one that leaves the victim feeling vulnerable and untrusting. We provide counsel and relief in a process that is often emotionally and legally difficult.

Although the system is designed for consumers to remedy the situation on their own, the process often breaks down, leaving consumers frustrated and vulnerable. Involving our attorneys early on costs you nothing and helps preserve your rights.

If someone steals your identity, the Better Business Bureau recommends that consumers do the following:

  • Request an alert be placed on your credit report
  • Review your credit reports for any errors
  • File a report with the police, as well as with the Federal Trade Commission

Victims of identity theft frequently run into barriers in their communication with credit bureaus, government agencies, and major financial institutions. If you find yourself at a standstill in the process, we are here to help.

Madgett Law is uniquely poised to support consumers who experience identity theft. Armed with expertise and experience in helping their clients to recover from stolen identity, Dave Madgett and his staff are also known for their quick communication, empathy, and commitment to resolving all impacted financial, legal, and criminal repercussions.

Below are some of the federal laws we use to protect the rights of identity theft victims:

Fair Credit Reporting Act The Fair Credit Reporting Act (FCRA) establishes procedures for correcting mistakes on your credit record and requires that your record only be provided for legitimate business needs. The Federal Trade Commission (FTC), the nation’s consumer protection agency, enforces the FCRA with respect to consumer reporting companies. The Fair Credit Reporting Act requires each of the nationwide consumer reporting companies – Equifax, Experian, and TransUnion – to provide you with a free copy of your credit report, at your request, once every 12 months to help you detect errors and identity theft. The FCRA promotes the accuracy and privacy of information in the files of the nation’s consumer reporting companies.

Fair and Accurate Credit Transaction Act The 2003 addition of FACTA (Fair and Accurate Credit Transaction Act) to The Fair Credit Reporting Act (FCRA) and identity theft laws was intended to fight identity theft. While FCRA was originally created with the objective to promote the accuracy, fairness, and privacy of consumer information in the files of reporting agencies, the FACT Act was specifically intended to fight identity theft by giving consumers certain rights if they become or suspect of becoming an identity theft victim.

Fair Credit Billing Act This law establishes procedures for resolving billing errors on your credit card accounts. It also limits a consumer’s liability for fraudulent credit card charges to $50. The law applies to “open end” credit accounts, such as credit cards, and revolving charge accounts such as department store accounts. It does not cover installment contracts.

Fair Debt Collection Practices Act The Fair Debt Collection Practices Act prohibits debt collectors from using unfair or deceptive practices to collect overdue bills that your creditor has forwarded for collection. Personal, family, and household debts are covered under the Act.

Electronic Fund Transfer Act The Electronic Fund Transfer Act provides consumer protection for all transactions using a debit card or electronic means to debit or credit an account. It also limits a consumer’s liability for unauthorized electronic fund transfers.