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).
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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.
If you want to find out more, please read the rest of this page or view the Legal framework for personal data in the event of bankruptcy.