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Bankruptcy proceedings. Debtors. By legal nature and type of bankruptcy

Bankruptcy proceedings. Debtors. By legal nature and type of bankruptcy Catalonia. 2007
Value Variation (%)
Bankrupt debtors 288 29.1
By legal nature
Individuals without business activity 30 76.5
Bankrupt companies 258 25.2
Individuals without business activity 7 -12.5
Public Limited Company (P.L.C.) 80 29.0
Private Limited Company (L.T.D.) 164 22.4
Others 7 250.0
By type of bankruptcy
Voluntary 261 29.9
Necessary 27 22.7
Subsequent .. Confidential data, low reliability or not available .. Confidential data, low reliability or not available
Units: Number.
Source: INE. Bankruptcy Proceedings Statistics.
(..) Confidential data, low reliability or not available.
Bankruptcy proceedings. Debtors. By legal nature and type of bankruptcy Spain. 2007
Value Variation (%)
Bankrupt debtors 1,147 18.5
By legal nature
Individuals without business activity 114 119.2
Bankrupt companies 1,033 12.8
Individuals without business activity 31 29.2
Public Limited Company (P.L.C.) 241 7.6
Private Limited Company (L.T.D.) 733 12.6
Others 28 64.7
By type of bankruptcy
Voluntary 1,007 19.9
Necessary 140 9.4
Subsequent .. Confidential data, low reliability or not available .. Confidential data, low reliability or not available
Units: Number.
Source: INE. Bankruptcy Proceedings Statistics.
(..) Confidential data, low reliability or not available.

Last update: October 1, 2008. Revised series on February 7, 2019.

Methodological note

The statistics for bankruptcy proceedings drawn up by the INE replace the suspension of payments and bankruptcy declaration statistics, as the Insolvency (Reform) Organic Act 8/2003 and the Insolvency Act 22/2003 came into force on 1 September 2004.

This indicator offers annual information about the number of insolvent debtors by legal nature and type of bankruptcy(voluntary or necessary), from quarterly information that is elaborated by the INE.

These statistics are drawn up based on the information provided by a sample of courts across Spain in questionnaires in which they are asked about the characteristics of declared insolvencies.

Bankruptcy proceedings admitted/filed

Proceedings filed by the debtor or the creditor of this debtor in the event of the insolvency of the company or a financial position in which the debtor's obligations cannot be regularly met.

Voluntary bankruptcy

Bankruptcy in which the application is filed by the debtor within the two months following the date on which their state of insolvency became known.

Necessary bankruptcy

Bankruptcy in which the application is filed by any of the debtor's creditors and which specifies the origin of the credit, its type, amount, acquisition date and maturity.