Former Soviet republics 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 | Belarus | 5.8 years | 2006 | ||
=2 | Kyrgyzstan | 4 years | 2006 | ||
=2 | Uzbekistan | 4 years | 2006 | ||
4 | Russia | 3.8 years | 2006 | ||
=5 | Georgia | 3.3 years | 2006 | ||
=5 | Kazakhstan | 3.3 years | 2006 | ||
=7 | Tajikistan | 3 years | 2006 | ||
=7 | Estonia | 3 years | 2006 | ||
=7 | Latvia | 3 years | 2006 | ||
10 | Ukraine | 2.9 years | 2006 | ||
11 | Moldova | 2.8 years | 2006 | ||
12 | Azerbaijan | 2.7 years | 2006 | ||
13 | Armenia | 1.9 years | 2006 | ||
14 | Lithuania | 1.7 years | 2006 |