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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. 2012
Value Variation (%)
Bankrupt debtors 1,940 30.4
By legal nature
Individuals without business activity 190 -5.0
Bankrupt companies 1,750 35.9
Individuals without business activity 56 7.7
Public Limited Company (P.L.C.) 346 38.4
Private Limited Company (L.T.D.) 1,329 38.3
Others 19 -24.0
By type of bankruptcy
Voluntary 1,881 31.2
Necessary 59 9.3
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. 2012
Value Variation (%)
Bankrupt debtors 9,071 32.2
By legal nature
Individuals without business activity 976 2.4
Bankrupt companies 8,095 37.0
Individuals without business activity 315 29.1
Public Limited Company (P.L.C.) 1,415 42.6
Private Limited Company (L.T.D.) 6,204 36.6
Others 161 22.0
By type of bankruptcy
Voluntary 8,510 31.4
Necessary 561 45.0
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 12, 2013. 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.