When someone gains access to your identity, it can be unsettling knowing that someone out there has all of your personal information and can use it however and whenever they please. You’ll also find that this can often cause serious harm to victims, as they may find their finances in shambles as a result of the theft. It’s imperative to understand, however, that you are entitled to fight for compensation in these matters. The following blog explores the damages you are eligible to recover with the help of a San Diego identity theft lawyer to guide you through this process.
Who Can Face Liability if My Identity Is Stolen?
Unfortunately, finding the person directly responsible for using your identity to open accounts, make purchases, or commit crimes can be incredibly difficult. Identity thieves are often technologically savvy, meaning they can easily cover up their tracks to conceal their identity and evade consequences. However, this does not mean you are unable to recover compensation. In many instances, identity theft is a direct result of another party’s inability to keep your personal information safe. As such, these entities can face liability if their servers are breached and your identity is compromised as a result.
Common liable parties include, but are not limited to, the following:
- Banks
- Credit reporting agencies
- Creditors
- Online retailers
- Government agencies
- Doctor’s offices
- Insurance agencies
Because these entities need your personal and payment information, they are responsible for ensuring these details are kept safe. Failure to do so means they can be held liable for any damages you incur as a result.
What Damages Am I Able to Recover for Identity Theft?
Knowing who can face liability is only half of the claim – you’ll also need to understand the damages you can seek as a victim of identity theft. Generally, there are two forms of damages: economic, which reflect monetary, tangible losses, and non-economic, which represent intangible, emotional losses.
Identity theft can have a considerable impact on your finances, as you may be held responsible for a debt in your name. This can result in a drastic decrease in your credit score, astronomical interest rates, a reduced credit limit, and even lawsuits. You may also be denied loans and housing as a result of your poor credit caused by identity theft. You may even be eligible to recover any medical bills you’ve incurred from stress-induced health issues as a result of the theft.
However, identity theft can also cause several non-economic damages. The stress of having your identity compromised can not only lead to health issues, as previously mentioned, but it can also take a toll on your mental health. This can cause loss of enjoyment of life, stress, anxiety, depression, and insomnia.
As you can see, these matters can be incredibly difficult to navigate. That’s why it’s in your best interest to connect with an experienced attorney with Barthel Legal. We understand how difficult these matters can be, which is why our firm is committed to helping you navigate the process of fighting for compensation. Connect with us today to learn how we can fight for you.
