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 |
