If the business is sold as a potential "going concern" the new owner will have your information.
If not a "going concern" businesses the assets are still flogged off, if only to try get some money back for any creditors it may have had, and any data they have is potentially an asset. Often they will be bought quite cheaply.
Of course someone working for the company as it dies might less officially take the information.
And if an online service is abandoned as-is and stays online for a while unattended, the lack of maintenance may mean it is vulnerable to security flaws it doesn't receive patches for at which point any information stored there is available to any black-hat who cares to look.
Bingo.
If the business is sold as a potential "going concern" the new owner will have your information.
If not a "going concern" businesses the assets are still flogged off, if only to try get some money back for any creditors it may have had, and any data they have is potentially an asset. Often they will be bought quite cheaply.
Of course someone working for the company as it dies might less officially take the information.
And if an online service is abandoned as-is and stays online for a while unattended, the lack of maintenance may mean it is vulnerable to security flaws it doesn't receive patches for at which point any information stored there is available to any black-hat who cares to look.