Cold countries Compared by Government > Red tape > Time to resolve insolvency > Years
DEFINITION:
Time to resolve insolvency (years). Time to resolve insolvency is the number of years from the filing for insolvency in court until the resolution of distressed assets.
CONTENTS
# | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
---|---|---|---|---|---|
1 | Nepal | 5 | 2013 | ||
=2 | Kyrgyzstan | 4 | 2013 | ||
=2 | Mongolia | 4 | 2013 | ||
=2 | Slovakia | 4 | 2013 | ||
=5 | Romania | 3.3 | 2013 | ||
=5 | Bosnia and Herzegovina | 3.3 | 2013 | ||
7 | Chile | 3.2 | 2013 | ||
=8 | Poland | 3 | 2013 | ||
=8 | Switzerland | 3 | 2013 | ||
=8 | Belarus | 3 | 2013 | ||
=8 | Estonia | 3 | 2013 | ||
12 | Ukraine | 2.9 | 2013 | ||
13 | Czech Republic | 2.1 | 2013 | ||
=14 | Russia | 2 | 2013 | ||
=14 | Sweden | 2 | 2013 | ||
=14 | Slovenia | 2 | 2013 | ||
=14 | Hungary | 2 | 2013 | ||
=14 | Georgia | 2 | 2013 | ||
=14 | Luxembourg | 2 | 2013 | ||
=20 | Armenia | 1.9 | 2013 | ||
=20 | Lithuania | 1.9 | 2013 | ||
22 | Republic of Macedonia | 1.8 | 2013 | ||
=23 | China | 1.7 | 2013 | ||
=23 | Tajikistan | 1.7 | 2013 | ||
=25 | Kazakhstan | 1.5 | 2013 | ||
=25 | Latvia | 1.5 | 2013 | ||
=25 | United States | 1.5 | 2013 | ||
28 | Germany | 1.2 | 2013 | ||
29 | Austria | 1.1 | 2013 | ||
=30 | Iceland | 1 | 2013 | ||
=30 | United Kingdom | 1 | 2013 | ||
=30 | Denmark | 1 | 2013 | ||
=33 | Norway | 0.9 | 2013 | ||
=33 | Finland | 0.9 | 2013 | ||
=33 | Belgium | 0.9 | 2013 | ||
36 | Canada | 0.8 | 2013 | ||
37 | Ireland | 0.4 | 2013 |