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Statistics and Analysis Directorate:Statistics Release - 6 May 2005

6. INSOLVENCIES IN SCOTLAND (not seasonally adjusted)


    Individuals  

Companies  

Years   Sequestrations  Total  Compulsory   Liquidations Creditors' Voluntary
 Liquidations 

1997

2,502

477

254

223

1998

3,016

566

338

228

1999

3,195

572

364

208

2000

2,965

583

344

239

2001

3,048

602

378

224

2002

3,215

788

556

232

2003

3,328

631

436

195

2004

3,297

621

431

190

1997

Q1

619

126

66

60

Q2

658

125

66

59

Q3

589

117

61

56

Q4

636

109

61

48

1998

Q1

702

150

79

71

Q2

756

151

93

58

Q3

830

124

82

42

Q4

728

141

84

57

1999

Q1

776

153

83

70

Q2

807

136

89

47

Q3

842

144

98

46

Q4

770

139

94

45

2000

Q1

751

136

75

61

Q2

751

153

92

61

Q3

712

139

85

54

Q4

751

155

92

63

2001

Q1

709

166

102

64

Q2

750

141

82

59

Q3

839

108

75

33

Q4

750

187

119

68

2002

Q1

832

240

170

70

Q2

797

175

123

52

Q3

834

184

139

45

Q4

752

189

124

65

2003

Q1

799

183

133

50

Q2

858

168

118

50

Q3

845

154

109

45

Q4

826

126

76

50

2004

Q1

720

153

95

58

Q2

851

147

110

37

Q3

923

168

113

55

Q4

803

153

113

40

2005

Q1

p

908

140

103

37


Percentage change, latest qtr on corresponding qtr of previous year 
        

2005

Q1

p

26.1

-8.5

8.4

-36.2


p provisional 
The Bankruptcy (Scotland) Act 1993, amending the Bankruptcy (Scotland) Act 1985, came into force on 1 April 1993 and will have affected the number of sequestrations in the Scottish Courts from the second quarter of 1993 onwards. 
        

Last updated on 24 July, 2007

 


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