Former creditor records

amstel2

Hello

I had an IVA & then went bankrupt when the IVA failed. The IVA is due to to fall off my CRA files this month & the discharged bankruptcy in March.

All the credit agreements I had in the bankruptcy have defaults or satisfied entries against them with dates that reach the 6 year point between now & March. I will be monitoring the 3 agencies to see that everything comes off as it should. However, I was wondering how long my old creditors can hold information about me on their records. Will they have to delete me from their records after 6 years or will i have to make them.

I did pose this question to Information Commisioner & true to form i recd a non-commital rambiling reply that's as clear as a foggy night. So i was wondering if anyone out their has any ideas.

My own view is that surely they have no right to have info/data on me after 6 years am i right?

Thanks

longtermplanner

I am not aware of any reason why your ex creditors should have to delete anything from their own files. Providing the information is accurate, I think they can keep it as long as they like.

Why do you care?

battyboimatt

Because he wants to apply to them for credit lol.

(From the ICO)

Q: How long can an organisation hold data about me?

The Data Protection Act states that organisations should only keep personal data for as long as it is necessary. Organisations should also have a retention policy for the information they hold.

In theory they can keep it as long as necessary, from the ICO

The Act does not set out any specific minimum or maximum periods for retaining personal data. Instead, it says that:

Personal data processed for any purpose or purposes shall not be kept for longer than is necessary for that purpose or those purposes.

So for example if you borrowed money from me and never paid it back, I may want to keep hold of that date for the purpose of if you ever apply again I can say no.

So really its however long the company thinks it needs to for a specific purpose.

amstel2

longtermplanner wrote: »

I am not aware of any reason why your ex creditors should have to delete anything from their own files. Providing the information is accurate, I think they can keep it as long as they like.

Why do you care?

It's the principle. I hated my creditors, i was harrassed by them for over a year especially by HSBC. In the end i went BR out of spite as i knew they would get next to nothing (they would have got far more if they had gone along with my original offers). Also the BR was far easier than i had been led to believe i should have done it from the start as i had no assets. So i don't want those scumbag/crooked bankers having anything about me on their records. If i have to sue them i will.

longtermplanner

amstel2 wrote: »

So i don't want those scumbag/crooked bankers having anything about me on their records. If i have to sue them i will.

There are no grounds for suing them.