table6

6. INSOLVENCIES IN SCOTLAND (not seasonally adjusted)



				Individuals	Companies
	Years			Sequestrations	Total	Compulsory Liquidations	Creditors' Voluntary Liquidations

	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
	2005			4,965	569	420	149

	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		908	140	103	37
		Q2		1,307	159	120	39
		Q3		1,461	151	115	36
		Q4		1,289	119	82	37

	2006	Q1	p	1,241	128	96	32
	Percentage change, latest qtr on corresponding qtr of previous year

	2006	Q1	p	36.7	-8.6	-6.8	-13.5

	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 04 May, 2006
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