Deleting Personal Data from Private Institutions?

An anonymous reader asks: "This site has many readers who are familiar with the liabilities of personal data being stored on servers owned by private institutions. Bank records, phone records, credit records, flight records, basically any type of digital transaction can be (and likely are) stored indefinitely for whatever reason. Are there processes by which one can request a removal of personal data, or by signing contracts with these companies, do they own the rights to the information? If you have attempted such an erasure, have you encountered resistance?"

Comments

In Europe

[MeltUp]

Well, here in Belgium it's simple. There's a law that gives you the right to request all info they have on you, and allows you to order them to delete it. I'm not 100% sure, but I think at least a few other European counties have a law like that.