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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. 4th quarter 2020 (p)
Year-over-year variation
Value absolute % quarter % accumulated
Bankrupt debtors 788 86 12.3 -17.0
By legal nature
individuals without business activity 420 51 13.8 -19.9
companies declared bankrupt 368 35 10.5 -14.0
By type of bankruptcy
voluntary 781 85 12.2 -16.7
necessary 7 1 16.7 -41.9
Units: Number.
Source: INE. Bankruptcy proceedings statistics.
(p) Provisional data.
Bankruptcy proceedings. Debtors. By legal nature and type of bankruptcy Spain. 4th quarter 2020 (p)
Year-over-year variation
Value absolute % quarter % accumulated
Bankrupt debtors 2,428 134 5.8 -13.6
By legal nature
individuals without business activity 1,045 130 14.2 -12.1
companies declared bankrupt 1,383 4 0.3 -14.4
By type of bankruptcy
voluntary 2,344 190 8.8 -12.1
necessary 84 -56 -40.0 -38.4
Units: Number.
Source: INE. Bankruptcy proceedings statistics.
(p) Provisional data.

Last update: February 5, 2021. Next update: May 11, 2021

Annual data

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.

The purpose of these statistics is to provide quarterly information about the number of insolvent debtors by legal status and type of bankruptcy (voluntary or necessaryy).

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.