Unfortunately, identity theft is a common issue that impacts millions of Americans annually. However, despite the frequency with which the identities of unsuspecting consumers are compromised, there is a considerable amount of misconceptions regarding these issues. Unfortunately, these myths can negatively impact consumers, so understanding the reality of these matters is critical. The following blog debunks some of the most common misconceptions about identity theft and explores the importance of connecting with a Michigan identity theft lawyer to help you if your information has been compromised.
What Identity Theft Myths Are Most Common?
Unfortunately, one of the most common myths is often one of the most dangerous. Many are under the assumption that identity theft is inevitable, and therefore, any prevention efforts aren’t worth it. As a result, many people do not take the necessary precautions to protect themselves and their identities. In reality, identity theft can be avoided. While it is possible for thieves to circumvent security measures, the more difficult you make it, the more likely a thief is to move on from trying to target you. As such, using strong passwords, enabling two-factor authentication, and regularly monitoring your credit is critical to protect yourself and your finances.
Another widely circulated myth is that only your finances can be impacted by identity theft. You’ll find that often, identity theft can impact many different areas of your life. Medical identity theft can occur when someone uses your information to obtain medical care and benefits, while criminal identity theft means that someone is using your information to commit crimes. You can even fall victim to tax identity theft, which occurs when someone files your taxes to receive your return.
What Should I Do if My Identity Has Been Compromised?
If you have reason to believe that your information has been compromised in Michigan, it’s in your best interest to immediately contact an experienced identity theft attorney. Not only can your lawyer help you understand your legal rights during this matter, but they can also assist you in disputing the inclusion of fraudulent information on your credit report.
In addition, your attorney can also help you determine the cause of the identity theft and, if applicable, fight for compensation. For example, you may find that your information was hacked due to a lack of security measures on a retail site where your information was stored on servers, and you may be able to hold the company liable for damages because they failed to protect your personal information.
At Lyngklip & Associates, we understand how overwhelming these matters can be to navigate, which is why we will do everything in our power to help you navigate these difficult and complex legal and financial matters. When you need assistance, contact our firm today to learn how we can fight for you.
