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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. 2018
Value Variation (%)
Bankrupt debtors 1,886 34.3
By legal nature
Individuals without business activity 849 45.4
Bankrupt companies 1,037 26.5
Individuals without business activity 138 51.6
Public Limited Company (P.L.C.) 78 30.0
Private Limited Company (L.T.D.) 798 22.2
Others 23 43.8
By type of bankruptcy
Voluntary 1,845 35.5
Necessary 41 -2.4
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.
Bankruptcy proceedings. Debtors. By legal nature and type of bankruptcy Spain. 2018
Value Variation (%)
Bankrupt debtors 6,398 11.2
By legal nature
Individuals without business activity 2,066 38.5
Bankrupt companies 4,332 1.7
Individuals without business activity 391 39.6
Public Limited Company (P.L.C.) 378 -11.1
Private Limited Company (L.T.D.) 3,465 1.1
Others 98 -23.4
By type of bankruptcy
Voluntary 6,004 11.8
Necessary 394 2.9
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, 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.