What rights if any does a identity theft victim typically have against a credit card company even after the identity thief had been caught and admitted guilt?
The back story is that I have a friend who's ex stole the identities of her and her parents while they were dating. He opened a number of credit cards under their names which were only discovered because after he was caught by law enforcement for the shady fake businesses that were also created in everyone's names, they started receiving the card statements that were getting stolen from the mail and collections started calling. In court the judge asked why the ex did what they did and it was on record "because it was easy."
So I'm curious that even with this admission of guilt, what grounds does the credit card companies have to continue perusing the family, and what can be done to try to clear this up with the credit companies and get the credit scores fixed?
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.