Non-religious countries Compared by Government > Time to resolve insolvency > Years
DEFINITION:
Time to resolve insolvency is the number of years from the filing for insolvency in court until the resolution of distressed assets.
CONTENTS
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# | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
---|---|---|---|---|---|
1 | Czech Republic | 9.2 years | 2006 | ||
2 | Turkey | 5.9 years | 2006 | ||
3 | Vietnam | 5 years | 2006 | ||
4 | Azerbaijan | 2.7 years | 2006 | ||
5 | China | 2.4 years | 2006 | ||
6 | Sweden | 2 years | 2006 | ||
7 | France | 1.9 years | 2006 | ||
8 | Netherlands | 1.7 years | 2006 | ||
=9 | Austria | 1.1 years | 2006 | ||
=9 | Hong Kong | 1.1 years | 2006 | ||
11 | Australia | 1 years | 2006 | ||
12 | Canada | 0.8 years | 2006 | ||
13 | Japan | 0.6 years | 2006 |