how much to hire identity theft lawyer

by Miss Madalyn Koelpin 5 min read

For example, you could negotiate a fee that pays the attorney 30 percent of the money you get up to $10,000, then 20 percent of any additional money you get up to $50,000. There is no “official” or “standard” amount for a lawyer’s contingency fee, but most states limit the attorney’s fee to a “reasonable” percentage of the total amount recovered.

With attorney fees in the U.S. averaging $368 per hour3, just a few hours of an attorney's time spent reviewing documents, writing a letter on your behalf or appearing in court could cost you well over $1,000. And that's not even counting court costs, filing fees and more.

Full Answer

How can an identity theft lawyer help me?

Sep 20, 2021 · Ask about the process, timeline, and expected resolution date. Ask about costs and services. Many lawyers focused in this area of law, including Schlanger Law Group, represent victims of identity theft on a contingent basis. This means that the lawyer will only get paid when they win your case. Then, they will be paid out of the money recovered ...

What is identity theft and how can it affect you?

Feb 14, 2021 · An identity theft lawyer is a legal professional who possesses specific knowledge of identity theft laws and circumstances surrounding these crimes. Identify theft cases can be complicated since they involve the justice system, financial institutions, and other attorneys. If you hire an identity theft lawyer, he or she will help you navigate ...

What is identity theft and how do I report it?

Mar 17, 2022 · To put that another way, 14.4 million people had their identities stolen in 2019. That’s about 1 out of every 15 people. This makes identity theft one of the most pervasive crimes in the United States today. Identity theft may not be as violent as robbing a bank or stealing someone’s car, but it is a very serious crime with severe consequences.

What are the different types of identity theft?

Yes, you should hire an identity theft lawyer. Identity theft can have lasting and serious consequences. It can be difficult to deal with a situation where you are being punished for things you did not do. A lawyer can help analyze your case and determine the best steps for you to take. An identity theft lawyer can help you contact any ...

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How much does it cost to deal with identity theft?

Identity fraud cost Americans a total of about $56 billion last year, with about 49 million consumers falling victim. That's according to the 2021 Identity Fraud Study by Javelin Strategy & Research released Tuesday.Mar 23, 2021

Can you sue the person who stole your identity?

Who Can I Sue for Identity Theft? Ideally, you would like to bring a lawsuit against the individual who stole your identity; however, these thieves are usually difficult to find. In cases where the actual thief cannot be identified or located, you may be able to file suit against another party.

How long does it take to fight identity theft?

On average, it can take 100 to 200 hours over six months to undo identity theft. The recovery process may involve working with the three major credit bureaus to request a fraud alert; reviewing your credit reports to pinpoint fraudulent activity; and reporting the theft.

How do you straighten identity theft?

If you need help straightening out your finances, dealing with debt collection agencies, or getting credit bureaus to remove fraudulent information from your credit report after an identity thief opens new accounts in your name, consider talking to an identity theft lawyer, a debt settlement lawyer, or a consumer ...

What can I do if someone is using my identity?

Under California law, you can report identity theft to your local police department. Ask the police to issue a police report of identity theft. Give the police as much information on the theft as possible. One way to do this is to provide copies of your credit reports showing the items related to identity theft.

How can I tell if someone else is using my Social Security number?

If you believe someone is using your Social Security number to work, get your tax refund, or other abuses involving taxes, contact the IRS online or call 1-800-908-4490. You can order free credit reports annually from the three major credit bureaus (Equifax, Experian and TransUnion).Nov 19, 2019

Does identity theft ruin your life?

For example, someone who steals your identity can commit crimes in your name, which can directly harm your reputation and be stressful to fix. If you're applying for a job and a criminal record pops up in your background check, it may affect not only your employment but also your feelings of self-worth.

Will changing my name help with identity theft?

Because changing your name is so simple, thieves take advantage of the opportunity by obtaining your Social Security number and using it to secure loans and open up new lines of credit.

Do identity thieves get caught?

Are identity thieves ever caught? Identity theft statistics for 2020 are not available yet; however, 2006 research showed that federal authorities arrest only 0.14% of the criminals (one person in 700 identity theft suspects). In contrast, nearly 45% of violent crime and 16% of property crime suspects were arrested.Mar 5, 2022

How long does it take IRS to investigate identity theft?

120 to 180 days
How long does that take? It depends on the complexity of your problem. The IRS says that it resolves tax identity theft cases in 120 to 180 days, depending on your circumstances. But in many instances, victims of complex tax identity theft have experienced resolution times of more than one year.

Who is a likely victim of identity theft?

Seniors over 60 years old are the most common victims of identity theft. 3 in 10 victims of identity theft have experienced it more than once. 1 in 50 children is affected by child identity fraud, which costs U.S. families nearly $1 billion each year. Millennials account for 44% of U.S. identity fraud reports.Apr 15, 2021

Can identity theft be stopped?

The sad truth is, no — no one can prevent identity theft. That's because it's impossible to keep criminals from accessing your personal information and then using it to commit fraud in your name. Even if you do your best to keep your information as secure as possible, some security aspects are out of your control.

What is identity theft law?

Identity theft lawyers practice identity theft law. They will protect your rights and provide legal insight that identity theft victims find invaluable. There are many steps that you will want to take to secure your personal data after identity theft.

How to stop identity theft?

By securing your government-issued documents and alerting specific individuals, you can take proactive steps that offer the most practical outcome. However, the most vital step you can take is acting on appropriate recovery plans.

What are some examples of identity theft?

Identity theft examples of who needs a lawyer may include: 1 Someone stole your wallet or purse to steal your identity 2 Your detractor found your information by dumpster diving 3 Someone stole your mail or redirected it to another address 4 You gave money to a person over the phone, and the company in question does not have a record of the transaction 5 You cannot get a loan or a job due to false information that you can’t resolve on your own

How does identity theft affect victims?

The impact of identity theft can severely harm victims and may be challenging to prove. A victim can erroneously end up with a criminal background or experience financial consequences. It is essential to protect your personal information and data to avoid identity theft.

What is the essential service of identity lawyer?

The essential services that identity lawyers provide are the insight and reassurance they offer clients. Identity theft is terrifying for any victim. An identity theft lawyer will prove to be a tremendous resource.

What is a phone scam?

Scammers may offer an extended warranty, free vacation, or ask you to install software while appearing to be communicating on behalf of a reputable source.

How does phishing work?

Phishing scams involve impersonating a legitimate business to gain personal information through digital communications, including text messages, emails, and advertisements. Typically, the victim clicks a link that directs him or her to an official-looking website that asks you to complete and fill out your personal information and sends your information to your detractors.

What is identity theft lawyer?

What is an Identity Theft Lawyer? An identity theft lawyer or identity theft attorney is a lawyer with specific knowledge of the circumstances that surround identity theft. Identity theft can be complex and can involve the criminal justice system as well as institutions such as banks. An identity theft lawyer can help a victim navigate ...

What to do if someone is a victim of identity theft?

If an individual is or thinks they are a victim of identity theft, they should notify the authorities. If evidence is available, law enforcement will provide the case to the local District Attorney’s Office for prosecution.

What type of damages can a victim collect?

A victim may be eligible to collect: Compensatory damages; Punitive damages ; Emotional distress damages; and/or. An injunction. Compensatory damages are the most commonly awarded type of damages. These will cover financial losses incurred as a result of the identity theft.

What are the damages for identity theft?

These damages include additional monetary compensation and are meant to punish and deter the criminal from future crimes. Emotional distress damages may be available to a victim who suffered emotional distress as a result of the crime.

How can identity be stolen?

An individual’s identity can be stolen in several ways, including: Mail theft - Stealing mail from the mailbox including credit card offers and bank statements; Robbery - Taking someone’s wallet which usually includes personal information such as a driver’s license and credit cards;

What to do if you get a stolen credit card?

A victim should immediately contact their banks and credit card companies to inform them of the theft and cancel any cards. Accounts can also be frozen or closed if necessary. Identity theft can also be reported to the Federal Trade Commission (FTC).

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Bad advice

A man discovered someone used his identity to finance expensive cars, a home, and other luxury items. The first thing he did was call his attorney for help.

Lost opportunity equals lost money

A couple received a letter from their bank saying their savings account was overdrawn. They were shocked as this was their savings for retirement. Someone had slowly moved money out of their account over a period of months.

Malpractice or misinformed

In this last case example, the victim’s attorney is the one that reached out for help. He said his client received an email receipt for a purchase at a department store in another state. For months he tried unsuccessfully to resolve his client’s identity theft problem. He was out of options and asked if I would meet with his client. I agreed.

Five things to consider before hiring an identity theft attorney

Attorneys, like doctors, specialize in specific areas. They do not know everything there is to know about every law.

1. Being Denied Credit

You might be a victim of identity theft if you’re unexpectedly denied credit. When identity thieves get hold of your personal information, they can open new accounts. They’ll open new credit cards or lines of credit using your information.

2. Debt Collector Calls

After an identity thief obtains your personal information, they’ll most drain your finances fairly quickly. When they do, you’ll get plenty of calls from debt collectors for debts that you don’t owe. If you’re suddenly getting debt collector calls for bills that aren’t yours, then it’s time to take action.

3. Credit Company Calls

Your credit company will do what it can to ensure identity theft protection. Credit companies don’t have the same authority as law enforcement do, but they’ll be on high alert for any suspicious charges to your account.

4. Suspicious Credit Usage After Using Public WiFi

Public WiFi is convenient — even necessary to some. But it’s not always the most secure kind of network to use. For that reason, many identity thieves will deliberately stake out any potential identity theft victims in coffeehouses, hotels, and more.

Call an Identity Theft Lawyer TODAY!

These are only a few out of many indications that you’ve fallen victim to identity theft. But once you’ve figured out that you are, then there’s absolutely no time to wait before you get an identity theft lawyer by your side.

What is identity theft?

Given the number of ways an identity can be stolen, identity theft encompasses several theories of liability. The type of claim you file will hinge on the type of identity theft you have been the victim of, as well as the facts particular to your case.

What is criminal identity theft?

Criminal Identity Theft: In some instances, an individual committing a criminal act will identify themselves as another person, typically with the use of fraudulent identification.

What is an identity theft affidavit?

The Federal Trade Commission (FTC) supplies an Identity Theft Affidavit, which can be used to report new, unauthorized accounts opened with your stolen information. Check with the company to determine if they will accept the affidavit. Keep a written record of every conversation you have with the fraud departments.

What is identity cloning?

Identity Cloning: Identity cloning refers to all forms of identity theft in one; the thief literally takes over the other individual’s identity, in every aspect of their life.

How to report identity theft?

Report the identity theft to each creditor, even if that account has not been affected. Close each account that has been compromised. Ask the credit bureaus to place a "fraud alert" on every open account.

What happens if you get your identity stolen?

If you have had your identity stolen, you may have legal recourse against a number of parties. To learn more about your legal options and how our identity theft attorneys may be able to help you, please complete our case evaluation form, at no cost or obligation to you.

What to do if your credit card is stolen?

Credit Cards. If your credit card information has been stolen, it is important to contact your credit card company immediately. The company should be able to: It is also important to check your credit report to look for any other suspicious activity. Step Four: Report the identity theft to law enforcement officials.

1. Can Thoroughly Review Your Case

The first thing that an identity theft lawyer can do for you is thoroughly review your case. After all, many of these attorneys receive a substantial amount of consultation requests from people with similar cases to you.

2. Recover Stolen Money

One of the worst things about identity theft is that it can result in lost funds. Many victims of identity crime see their bank accounts take a significant toll. For many people, their entire financial livelihood disappears.

3. Restore Your Reputation

Sometimes your finances aren't a victim, but your reputation is. Many hackers and identity thieves will use your name and image to perform some questionable actions. This can lead people to have the wrong perception of who you are.

4. Help Gather Evidence

Once your case goes to court because the alleged perpetrator is caught, an identity theft lawyer can help you prepare for the case by gathering evidence. This will help you create a powerful victim statement.

5. Undeniable Experience

When you begin to look for identity theft lawyers, you'll want to pay attention to what the best ones have in common. Generally, this is years of experience.

6. Access to Resources

The right lawyer has been studying and working law for years. This allows them to not only have unbeatable experience, but it also means that they have resources that you don't necessarily have access to. This can only help build a strong case for you to win.

7. They Do the Paperwork

If you're the victim of identity theft, the last thing you want to do is deal with the stress of paperwork. This includes writing letters to the credit bureaus, credit card companies, and banks. Unfortunately, you'll have to correspond with various agencies and people after getting your personal information stolen.

Who to report identity theft to?

Report the identity theft to the FTC.

How much money did identity theft victims lose in 2014?

The DOJ's study found that victims experienced a combined average loss of $1,343. In total, identity theft victims lost a whopping $15.4 billion in 2014.

How long does it take to recover identity theft?

On average, it can take between 100 and 200 hours and six months to fix. But in some cases, it can take thousands of hours and years to resolve fully. Several key factors determine the length of the recovery process, but before we review those, let's look at the steps involved in resolving identity theft.

Why do you need an attorney for identity theft?

When a business is at fault.

Who is responsible for identity theft?

Identity theft is often perpetrated by individuals. However, organizations like banks, credit bureaus, and other businesses may have played a part in the crime. If you believe a business is fully or partially at fault for your financial injuries, contact a lawyer today. Suing a business may be right for you, but it also is more complicated.

What are some examples of identity theft?

Common examples of identity theft include someone using your: 1 Credit or debit card to order items online; 2 Driver’s license while committing a crime; 3 Personal information to open up a new credit card in your name; 4 Personal information to obtain a loan in your name.

What to do if you believe you have been a victim of identity theft?

If you believe you have been the victim of identity theft, the first step is to file a report with the police. This can be important if you need to deal with creditors, collection agencies, and credit reporting companies in the future.

What is identity theft?

Identity thefttakes place whenever any other person uses your personal identifying information, such as your name, bank account numbers, credit card, or Social Security Number (SSN), without your permission. Typically, someone else will use your personal information to fraudulently obtain money, goods, or services.

What is the second step in a credit card fraud investigation?

The second step is to inform any bank or credit card that was impacted by the fraud. You need to notify the institution of the fraudulent transactions so that it can open an investigation. This is essential to ensure you are not held liable for any fraudulent charges.

Can you sue someone for identity theft?

You typically cannot decide whether a person who stole and benefited from your identity faces criminal charges. However, you may have the option to file a civil lawsuit against the offender. Some states have passed laws creating a cause of action specifically based on identity theft. If your state does not have one, there may be a number of other theories of liability under which you can sue. Also, some states require offenders convicted of identity theft to pay restitution, and this order for restitution may be treated like a civil judgement.

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