Former Spanish colonies 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 | Ecuador | 5.3 | 2013 | ||
2 | Venezuela | 4 | 2013 | ||
3 | Paraguay | 3.9 | 2013 | ||
4 | Honduras | 3.8 | 2013 | ||
=5 | Dominican Republic | 3.5 | 2013 | ||
=5 | El Salvador | 3.5 | 2013 | ||
7 | Chile | 3.2 | 2013 | ||
8 | Peru | 3.1 | 2013 | ||
=9 | Costa Rica | 3 | 2013 | ||
=9 | Guatemala | 3 | 2013 | ||
11 | Argentina | 2.8 | 2013 | ||
12 | Philippines | 2.7 | 2013 | ||
13 | Panama | 2.5 | 2013 | ||
14 | Nicaragua | 2.2 | 2013 | ||
=15 | Mexico | 1.8 | 2013 | ||
=15 | Bolivia | 1.8 | 2013 | ||
=15 | Uruguay | 1.8 | 2013 | ||
18 | Colombia | 1.7 | 2013 |