Insolvency Act 1986: Primary legislation governing bankruptcy proceedings and insolvency matters in England and Wales. Sets out the fundamental framework for bankruptcy procedures and creditor rights.
Enterprise Act 2002: Key amendment to the Insolvency Act introducing significant reforms to bankruptcy law, including changes to discharge periods and administration procedures.
Data Protection Act 2018: Legislation controlling how personal information can be used and shared by organizations, including credit reference agencies and financial institutions.
UK General Data Protection Regulation: Post-Brexit implementation of GDPR principles in UK law, governing the processing and protection of personal data, including financial records.
Consumer Credit Act 1974: Legislation regulating credit businesses and providing consumer protection in credit transactions, including requirements for credit information.
FCA Regulatory Framework: Rules and guidelines set by the Financial Conduct Authority governing credit reference agencies and financial institutions in handling consumer data.
ICO Guidelines: Information Commissioner's Office guidance on handling personal data and credit information, including requirements for correction of inaccurate data.
Limitation Act 1980: Legislation setting time limits for various types of legal actions and retention of debt records.
Rehabilitation of Offenders Act 1974: Law governing the treatment of spent convictions and bankruptcies, including provisions for when bankruptcy records should be considered spent.
Individual Insolvency Register Requirements: Statutory requirements for maintaining and updating the public register of bankruptcy and insolvency information.
Credit Reporting Timeframes: Standard six-year retention period for bankruptcy records on credit files, as established by industry practice and regulatory guidance.
Relevant Case Law Precedents: Body of court decisions establishing precedents for disputes regarding bankruptcy record removal and credit reference agency obligations.
