When you have resolved the matter with the company or creditor, be sure to ask for a letter stating that the company has closed the account in dispute and has discharged the debts. You’ll want to keep this letter in your file in case the account reappears on your credit report. You can also notify the credit bureaus about the fraudulent account and provide them copies of the letter.

After you notify the credit bureaus about the fraudulent accounts, they are required to block this account information from future credit reports. They must also notify the credit grantor of the fraudulent account. You can also instruct the credit bureaus in writing to remove inquiries that have been generated resulting from the fraudulent access. You may also want to request the credit bureaus notify all companies and creditors who received your credit report in the last six months to alert them of the dispute and fraudulent information.

You may want to consider filling a complaint with the Federal Trade Commission as well. They keep an identity theft database used by law enforcement.

Be sure to document everything in writing and keep complete notes of any telephone conversations you have regarding this situation. You’ll want to keep a well organized file documenting the events. Identity theft is a dirty business but with due diligence you can come out of it with your credit and reputation in tact.

Page 2 of 2 :: First | Last :: Prev | 1 2 | Next