Bankruptcy proceedings. Debtors. By legal nature and type of bankruptcy
Value | Variation (%) | |
---|---|---|
Bankrupt debtors | 1,488 | 6.2 |
By legal nature | ||
Individuals without business activity | 200 | 1.0 |
Bankrupt companies | 1,288 | 7.1 |
Individuals without business activity | 52 | -3.7 |
Public Limited Company (P.L.C.) | 250 | -3.1 |
Private Limited Company (L.T.D.) | 961 | 9.3 |
Others | 25 | 108.3 |
By type of bankruptcy | ||
Voluntary | 1,434 | 4.6 |
Necessary | 54 | 80.0 |
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. |
Value | Variation (%) | |
---|---|---|
Bankrupt debtors | 6,863 | 15.1 |
By legal nature | ||
Individuals without business activity | 953 | -2.0 |
Bankrupt companies | 5,910 | 18.4 |
Individuals without business activity | 244 | -6.9 |
Public Limited Company (P.L.C.) | 992 | 12.1 |
Private Limited Company (L.T.D.) | 4,542 | 20.9 |
Others | 132 | 51.7 |
By type of bankruptcy | ||
Voluntary | 6,476 | 14.6 |
Necessary | 387 | 24.0 |
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: February 7, 2012. 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.
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