Former Spanish colonies 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 | Ecuador | 8 years | 2006 | ||
2 | Philippines | 5.7 years | 2006 | ||
3 | Chile | 5.6 years | 2006 | ||
=4 | Venezuela | 4 years | 2006 | ||
=4 | El Salvador | 4 years | 2006 | ||
6 | Paraguay | 3.9 years | 2006 | ||
7 | Honduras | 3.8 years | 2006 | ||
=8 | Dominican Republic | 3.5 years | 2006 | ||
=8 | Costa Rica | 3.5 years | 2006 | ||
10 | Peru | 3.1 years | 2006 | ||
=11 | Colombia | 3 years | 2006 | ||
=11 | Guatemala | 3 years | 2006 | ||
13 | Argentina | 2.8 years | 2006 | ||
14 | Panama | 2.5 years | 2006 | ||
15 | Nicaragua | 2.2 years | 2006 | ||
16 | Uruguay | 2.1 years | 2006 | ||
=17 | Mexico | 1.8 years | 2006 | ||
=17 | Bolivia | 1.8 years | 2006 |