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Not only is it common sense to shred confidential documents, it’s also Federal Law. The Fair and Accurate Credit Transactions Act (FACTA) requires that all information taken from consumer reports must be shredded before disposal. Consumer reports include credit reports and scores, residential or tenant records, check writing histories (tenant ledgers) and insurance claims. The law covers all media – paper, discs, hard drives and CDs all have to be destroyed.
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Nothing found herein should be construed as an attempt to offer or render a legal opinion or otherwise engage in the practice of law. You should obtain the advice of an attorney well versed in these matters.
