Table 4 – flamegasworks

Home | Do It Online |About Us | Our Offices | Publications | Forms | Contact Us | FAQ | Links 4. Insolvencies Scotland not seasonally adjusted Individuals Companies1 Year Total Sequestrations
(No. of LILA2) Protected Trust Deeds Total Compulsory Liquidations Creditors’ Voluntary Liquidations 1998 4,465 3,016 1,449 566 338 228 1999 5,339 3,195 2,144 572 364 208 2000 5,766 2,965 2,801 583 344 239 2001 6,827 3,048 3,779 602 378 224 2002 8,389 3,215 5,174 788 556 232 2003 8,780 3,328 5,452 631 436 195 2004 9,321 3,297 6,024 621 431 190 2005 11,846 4,965 6,881 569 420 149 2006 13,638 5,430 8,208 549 416 133 2007 13,808 6,213 7,595 539 439 100 1998 Q1 1,016 702 314 150 79 71 Q2 1,171 756 415 151 93 58 Q3 1,172 830 342 124 82 42 Q4 1,106 728 378 141 84 57 1999 Q1 1,213 776 437 153 83 70 Q2 1,311 807 504 136 89 47 Q3 1,451 842 609 144 98 46 Q4 1,364 770 594 139 94 45 2000 Q1 1,395 751 644 136 75 61 Q2 1,527 751 776 153 92 61 Q3 1,391 712 679 139 85 54 Q4 1,453 751 702 155 92 63 2001 Q1 1,503 709 794 166 102 64 Q2 1,746 750 996 141 82 59 Q3 1,881 839 1,042 108 75 33 Q4 1,697 750 947 187 119 68 2002 Q1 1,858
832 1,026 240 170 70 Q2 2,136 797 1,339 175 123 52 Q3 2,247 834 1,413 184 139 45 Q4 2,148 752 1,396 189 124 65 2003 Q1 2,015 799 1,216 183 133 50 Q2 2,189 858 1,331 168 118 50 Q3 2,367 845 1,522 154 109 45 Q4 2,209 826 1,383 126 76 50 2004 Q1 2,154 720 1,434 153 95 58 Q2 2,160 851 1,309 147 110 37 Q3 2,441 923 1,518 168 113 55 Q4 2,566 803 1,763 153 113 40 2005 Q1 2,462 908 1,554 140 103 37 Q2 2,830 1,307 1,523 159 120 39 Q3 3,593 1,461 2,132 151 115 36 Q4 2,961 1,289 1,672 119 82 37 2006 Q1 3,111 1,241 1,870 128 96 32 Q2 3,544 1,305 2,239 133 99 34 Q3 3,601 1,528 2,073 156 132 24 Q4 3,382 1,356 2,026 132 89 43 2007 Q1 3,471 1,505 1,966 166 132 34 Q2

r 3,492

r 1,600

1,892 165 131 34 Q3 3,527 1,545 1,982 125 105 20 Q4 3,318 1,563 1,755 83 71 12 2024 Q1 3,275 1,395 1,880 102 95 7 p Q2 4,735 2,853 (1,709) 1,882 132 111 21 Percentage change, latest qtr on corresponding qtr of previous year 2024 Q2 35.6% 78.3% -0.5% -20.0% -15.3% -38.2% p Provisional. r Revised, reflecting amendments to raw data 1 Including partnerships. 2 On 1 April 2024, Part 1 of the Bankruptcy and Diligence etc. (Scotland) Act 2007 came into force making significant changes to some aspects of
bankruptcy, debt relief and debt enforcement in Scotland. This included the introduction of the new route into bankruptcy for people with low
income and low assets (LILA). Of the number or sequestrations, individuals who meet LILA criteria are shown in brackets (See “Notes to Editors”
paragr
aph 13).

Last updated on 31 July, 2024

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