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The Federal Trade Commission (FTC) estimates that it can take approximately six months and 200 hours of work to recover from an identity theft. This estimation is based on the amount of work needed to follow the necessary steps to ensure the victim is not responsible for the debt incurred.
How do I reclaim my identity? The first step to reclaiming yourself is to get to know yourself. ... A second step to reclaiming yourself is to say what's on your mind. ... Another step to reclaiming yourself is to spend time apart.
The wide-range of identity theft-related crimes makes it hard to put a clear timeframe on recovery. However, on average, it can take over six months and 100?200 hours of your time to discover, resolve, and recover from the effects of identity theft [*].
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You could experience psychological harm and emotional distress. You could become a victim of repeat identity theft and fraud. Scammers can commit crimes in your name. Your personal data could circulate on the Dark Web forever.
Steps to Recoup from Identity Theft and Credit Card Fraud Note the damages. ... Call your bank or credit agencies. ... Place fraud alerts. ... Freeze your credit. ... Contact any businesses involved. ... Dispute activity on your credit report. ... File case with IdentityTheft.gov. ... Report it to the police.
But once someone knows your name, Social Security number, birth date, or has biometric data like your fingerprints, your information is compromised forever.
If you're facing identity theft, know that it is possible to overcome the issue ? but it may take some time. Just ask one of our identity specialists, like Vera Tolmachoff, Restoration Manager at Allstate Identity Protection. "It can take days, months, or even years to untangle identity theft," says Tolmachoff.