New Mexico Letter to Creditors Notifying Them of Identity Theft of Minor for New Accounts

State:
Multi-State
Control #:
US-00714-LTR
Format:
Word; 
Rich Text
Instant download

Description

This Letter to Creditors Notifying Them of Identity Theft of Minor for New Accounts is used to resolve the fraudulent opening of an account by an identity thief in a minor's name. A minor or the minor's parent must notify the creditor of the account opened fraudulently in the minor's name to dispute the opening of the account and any charges or debits attributed to the account.
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FAQ

File a report with your local police department. Place a fraud alert on your credit report. ... Consumer Reporting Agencies (CRA's) Close the accounts that you know or believe have been tampered with or opened fraudulently. ... Report the theft to the Federal Trade Commission. ... File a police report.

Fines are a common punishment for identity theft and are commensurate with the charges levied (whether a misdemeanor or felony). Restitution: Identity thieves can be ordered to compensate a victim for financial losses, including lost wages, legal fees and even damages from emotional distress.

The three most common types of identity theft are financial, medical and online. Learn how you can prevent them and what to do if they happen to you.

Identity theft has profound consequences for its victims. They can have their bank accounts wiped out, credit histories ruined, and jobs and valuable possessions taken away. Some victims have even been arrested for crimes they did not commit.

Identity theft is the act of stealing someone's personal information and identity fraud is the use of an individual's identifying information to commit crimes.

All identity theft is a crime under California law, but "criminal identity theft" refers to one type of the crime. Criminal identity theft occurs when someone cited or arrested for a crime uses another person's name and identifying information, resulting in a criminal record being created in that person's name.

Financial Gain The most common reason why people commit identity theft and other white-collar crimes is for financial benefit. By committing identity theft, individuals may: Take out loans. Make purchases using other people's credit cards.

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New Mexico Letter to Creditors Notifying Them of Identity Theft of Minor for New Accounts