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Update on Identity Theft

April 24th, 2008 at 12:21 am

Okay, here is the latest on my BIL's identity theft problem. BIL and his wife received good news about their pending home foreclosure. It was found that the bank loan documents containing the wife's SSN was incorrectly entered. In other words the bank screwed up and used my SIL's identity info by mistake for another individual with the same first and last name with the exception of a different middle name. We still do not understand how this could have happen without the proper checks and balances. Truly scary!!

The bank made formal apologies to BIL and will pay the cost of his legal and court fees. Needless to say that he and his wife are still traumatized by this major mistake that almost cost him the lost of their home.

Morale to this story. Check your credit report a least once a year for discrepancies that could impact your credit. My BIL is now a convert on protecting family's information and finances. Can I get an Amen!

2 Responses to “Update on Identity Theft”

  1. JanH Says:

    So glad the outcome is going to be good! That has to be a real relief for your BIL, but I am sure it will take time to recover from it all. At least the bank did try to make some amends. Hopefully, that will help them on the road to recovery. They need to have some down time to take care of themselves after going through this!

  2. Ima saver Says:

    Amen!!!!!

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