Bankruptcy proceedings by debtor faculties Spain 2010-2015, as a percentage

* Data prior to 2015 can be found in previous versions of the yearbook . Home The source adds that "the records of the competition that have been analyzed correspond to those that have been registered, that is, they are not all existing according to the statistics of the INE", so that the results of the College of Registrars of the Property, Movable and Commercial Property may not coincide with the results of the National Institute of Statistics. The representativeness of the sample of contest declaration cars analyzed by the College of Registrars for each statistical data can be consulted at the source. Home A bankrupt company is an organizational unit for the production of goods and services with a certain autonomy of decision that is declared legally in bankruptcy. The creditors' contest is a legal proceeding that occurs when the debtor can not regularly meet his obligations that he has incurred against a particular creditor.

Once the bankruptcy has been declared, the powers of the debtor may be subject to an intervention regime in which the debtor retains the powers of administration and disposition of the assets or a system of suspension, in which the insolvency administration assumes the powers of the debtor.