Fair and Accurate Credit Transactions Act (FACTA) Lawyers

Identity theft occurs when someone steals, copies, or uses your personal information for their own gain, and it can take several forms: 

• New account fraud
• Account takeover fraud
• Criminal identity theft
• Medical identity theft
• The business of commercial identity theft
• Identity cloning

Identity thieves may take over your existing accounts, create new ones in your name, or clone your information; in doing so, they can wreak havoc on your finances, credit score, and reputation. FACTA is designed to reduce this risk and protect the privacy of the consumer.

Although closely related, FACTA and the Fair Credit Reporting Act (FCRA) aren’t the same: 

• The FCRA is designed to improve accuracy, fairness, and privacy in credit reporting.
• FACTA is an amendment to the FCRA that is meant to protect consumer information and reduce the risk of identity theft.

Identity theft is a personal violation that can have serious and long-lasting consequences for victims, but there are ways to fight back. A skilled identity theft attorney may be able to restore your identity and help get you the remuneration you deserve.

When your identity is stolen as a result of a company or lender violating FACTA, you will need the help of an attorney who specializes in this corner of the law. Our FACTA attorneys can work to hold these violators accountable and recover your full and fair compensation.

At Morgan & Morgan, you don’t have to worry about how to afford us; there are no upfront costs to hire our law firm. We work on a contingency basis, which means we only get paid if and when we win your case. Our fee comes out of the successful winnings or settlement—not out of your pocket.

If your identity has been stolen, the most pressing matter is having it restored. However, you may be entitled to compensation for your troubles as well.

Here are a few types of damages that may be recovered in an identity theft case:

• Compensatory damages including compensation for financial losses
• Emotional damages such as anxiety, depression, or emotional distress
• Punitive damages to penalize the offender, especially in cases where the victim’s information was exposed intentionally
• Injunctive relief to release the victim from fraudulent debts that were acquired as a result of identity theft

Having your identity stolen can be downright scary, but there is good news: Morgan & Morgan may be able to help. We are an army of over 1,000 attorneys and over 3,000 support staff operating across the country, and our identity theft lawyers specialize in this specific area. 

If a vendor has violated the FACTA by printing your private credit card information on receipts, you may be entitled to compensation. Our identity theft lawyers can give you the support you need from a firm you can trust. Fill out a free, no-risk case evaluation form and find out why there is only one Morgan & Morgan.