Bankruptcy

In almost every bankruptcy, the estate contains personal data, such as customer files, member files or personnel files. Insolvency practitioners must handle this data with due care. They must also comply with the General Data Protection Regulation (GDPR).

On this page

  1. General information

Role of insolvency practitioner in the event of bankruptcy

Under the Bankruptcy Act, it is your job as an insolvency practitioner to manage and liquidate the estate of the company in liquidation. This means that you have actual power and control over the estate. And therefore also over the personal data in that estate.


This makes you the controller of these data. In addition, you have to comply with the General Data Protection Regulation (GDPR). This means, among other things, that you are responsible for lawful, fair and transparent processing of the personal data in the estate. This is your own responsibility. You must also be able to justify yourself.

Related themes and topics

Finances

Income and credit worthiness

In some situations, organisations want to know if you can pay your bills before entering into an agreement with you. For example, if you want to rent a home or take out a loan. They are allowed to ask for your income data, or check your creditworthiness (credit check).
Go to subject
Finances

Payment services

Consumers can use various payment services. The providers of these payment services (payment service providers) then need access to consumers' payment data. These are sensitive personal data.
Go to subject
Finances

Financial enterprises

Financial enterprises and service providers, such as banks, credit card companies, insurers, pension funds, trust offices, financial and tax consultants, collect and use a lot of personal data.
Go to subject