Use of personal information
We provide insolvency practitioners, banks and government agencies with a fast and bespoke service that generates the maximum value from fixed assets, stock and intellectual property.
Highly regarded and renowned for our integrity, high level of services and discretion, Asset will provide a personal and professional approach unsurpassed throughout the commercial and insolvency world.
When it comes to insolvency and asset recovery, time is of the essence. Our team of recovery professionals are able to quickly mobilise, secure and assess assets across a broad range of sectors, wherever they may be.
We process personal information to enable us to carry out our work as insolvency agents which includes processing data that was held by companies before our appointment together with data collected during an insolvency procedure or a fixed charge receivership. Our legal obligation to process personal data arises from work we are required to carry out under asset recovery, insolvency and other related legislation.
Asset Recovery & Insolvency Limited will act as Data Processor on their instructions about personal data in relation to their services.
Personal data will be kept secure and processed only for matters relating to the services being dealt with.
The data we may process
The personal data we may process in most cases will be details relating to a company and will typically be sufficient to allow us to carry out our work as insolvency agents.
We may share data with third parties where we are under a legal or regulatory duty to do so, or it is necessary for the purposes of undertaking our work as insolvency agents. We may also share personal data to lawfully assist the police or other law enforcement agencies with the prevention and detection of crime, where disclosure is necessary to protect the safety or security of any persons and/or otherwise as permitted by the law.
How long will we hold it?
Personal data will be retained for as long as any legislative or regulatory requirement requires us to hold it. Typically, this may be up to 6 years after which it will be destroyed.
What are your rights?
You have the right to receive the information contained in this document about how your personal data may be processed by us.
You also have the right to know that we may be processing your personal data and, in most circumstances, to have information about the personal data of yours that we hold, and you can ask for certain other details such as what purpose we may process your data for and how long we will hold it.
Individuals have the right to request that incorrect or incomplete data is corrected and in certain circumstances, you may request that we erase any personal data on you which may be held or processed as part of our work as insolvency practitioners.
If you have any complaints about how we handle your personal data please contact us in the first instance so we can resolve the issue, where possible. You can contact us either in writing to:
Asset Recovery and Insolvency Limited
Shore Road, Warsash
T 01489 572 222
You also have the right to lodge a complaint about any use of your information with the Information Commissioners Office (ICO), the UK data protection regulator. The ICO can be contacted at:
Information Commissioner’s Office
0303 123 1113
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