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Bankruptcies And Insolvencies (Scotland)

Volume 26: debated on Friday 2 July 1982

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asked the Minister for Trade how many bankruptcies and insolvencies, respectively, there were in Scotland for each of the last three years up to April

The figures are:

Year ending April 30Sequestrations*Company Liquidationst†
1980129267
1981148397
1982207462
* Sequestrations apply to all individuals and partnerships and are roughly equivalent in Scottish law to bankruptcies in England and Wales.
†Compulsory and creditors' voluntary liquidations—the two types which involve insolvency.