Identity Theft Restoration Programs

Identity Theft Protection Programs - Components and Analysis

Identity theft restoration programs can really help cut through the red tape. Getty/Mark Weiss

The top of the line identity theft protection programs include identity theft restoration services. Make no mistake, these are the most expensive programs, but people who use them rave about them. Coupled with a good identity theft credit monitoring program, restoration services may be arguably the best protection from identity theft that money can buy.

Unlike identity theft resolution services, which may or may not do any work for you, this is exactly what identity theft restoration services do.

The amount of work that you have to put in to recover your identity is minimal at best. These services often say things like "We will fix the problem for you." Or "We put your identity back to what it was before you lost it."

In order to work on your behalf, any identity theft restoration service will need some form of limited power of attorney. They usually require you to fill out your initial police report and give them a copy of it as well. They may require you to file a complaint with the FTC as well, and give them a copy of that complaint form.

Armed with this paperwork, identity theft restoration services do all the heavy lifting. They make the calls, they send the letters, and perhaps most importantly, they have access to a legal department or an arrangement with a law firm to handle the legal aspects that invariably come up when you're a victim of identity theft. As you might expect, this makes things much easier for them to resolve, because they don't have to deal with customer service reps.

Instead, they are talking to other lawyers, and if there's one thing lawyers are famous for, it is making good use of their time.

Identity theft restoration services are so effective because they are put together by people who know what they're doing in the first place. The first identity theft restoration service (perhaps the first identity theft service period,) was created by Kroll, and if you have a read any information about identity theft, you know that Kroll is a leader in the industry of financial risk, and other forms of risk management for that matter.

The company has to handle sensitive information from around the world for decades. A when the space shuttle program was up and running, Kroll provided essential security during takeoff and landing when you read about investigations into finances from around the world, you are as likely as not to see their name. Kroll also maintains good contacts up in the Social Security Administration and countless law enforcement databases of because they are often instrumental in issuing security clearances by doing background investigations. Who better to come up with an identity theft restoration program?

Other programs that do some form of identity theft restoration are invariably run by attorneys and ex-law enforcement officers. They, too, have a good idea who to talk to in order to quickly resolve any identity theft-related issues and are familiar with the laws that need to be followed. Far more so than the typical identity theft resolution service.

Having somebody take care of the problem for you means that if you're a victim of identity theft, you are doing much more than giving the company a call to report the problem. It is your Guides opinion that eventually all identity theft protection services will include an identity theft restoration component.

Although these programs cost more than any other identity theft programs, they seem to be well worth it.