Identity Theft Affidavit: The All-In-One Tool From FTC
Recently, the Federal Trade Commission or FTC has brought out its latest tool that will help identity theft victims to recover from their condition and help them in getting their good name restored. This tool is called the identity theft affidavit which is nothing but a model form which will hold the necessary information that can be reported to a number of companies which in turn will help in simplifying the whole process of alerting and notifying concerned companies with whom an identity theft victim holds an account.
No More Filling Out Separate Forms
Prior to this new identity theft affidavit being made available to the public by the Federal Trade Commission, the usual practice in case of identity theft was to fill out separate forms for each company with which the victim held an account and which would then be used to report the identity theft to each company individually.
The new identity theft affidavit that has been developed by the Federal Trade Commission in collaboration with other banks as well as credit grantors and even consumer advocates is a document that is readily accepted by most retailers, participating banks, credit issuers and many financial institutions as well. If you want to download a copy of this identity theft affidavit you can visit www.ftc.gov/bcp/conline/pubs/credit/affidavit.pdf.
The year 2001 was a good year as far as identity thieves were concerned because identity theft was the most reported of all crimes with the Federal Trade Commission and it led to theft of credit card account numbers as well as Social Security Numbers which were then used to open accounts in the names of victims. Mercifully, the new FTC identity theft affidavit has helped to a great extent the simplification of the process or identity theft recovery and it also helps assuage the feelings of victims of identity theft because of needing to do less paperwork.
In case you have become a victim of identity theft, you too will also need to fill out an identity theft affidavit which could be either the one made by FTC or one that you create on your own. Whether you choose to use your own or the FTC identity theft affidavit, you will nevertheless still need to fill it out and provide information that will help your creditors to make their own proper investigations into your identity theft claim. It may even become necessary for you to provide complete information as requested by creditors from time to time and obviously, it would be in your best interests to comply with these requests so that your case can be handled promptly as well as efficiently.
