Make Sure to Document Your Actions
Begin documenting the time and money you spend on straightening out identity theft. In some states, any person found guilty of financial identity theft will be ordered to pay restitution to the victim for any financial loss, including lost wages.

• Keep copies of correspondence and documents related to the theft.
• Write records of all telephone calls, including the date and time of your call and the name and title of the person who assisted you.
• Write letters to confirm all phone conversations. Include the date, the name of the person you spoke with, and what actions were taken.
• To be extra careful, send documents and letters Return Receipt Requested and keep the postal receipt with your copy.

Consider using the ID Theft Affidavit to avoid having to complete different forms. This form can assist you in disputing inaccurate information that appears on your credit report as a result of fraud. It's available on http://www.consumer.gov/idtheft. Keep copies of all affidavits that you send.

Contact the Police
Immediately call the police to file a report with your local law enforcement. If your identity was stolen when you were away from home, you may need to contact the police in that jurisdiction, too. Opening a police case accomplishes two things: First, the police can start investigating the crime. Second, you will need information from the police report to help you straighten out your credit and accounts after the crime. When you talk to the police, make sure you get the police report number and information on how to reach the investigator. Give this information to all the companies you contact in getting your credit cleared up after the crime.

Stop the Damage
After you call the police, contact the credit bureaus. Next, contact any credit card companies and banks where your accounts may be at risk.