Enforcing Contracts in Nicaragua

This topic looks at the efficiency of contract enforcement in Nicaragua.

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 Nature of ProcedureIndicator
Procedures (number)35
Time (days)540
Filing and service89
Trial and judgment331
Enforcement of judgment120
Cost (% of claim)*26.8
Attorney cost (% of claim)16.3
Court cost (% of claim)5.5
Enforcement Cost (% of claim)5

Managua District Civil Court ("Juzgado Civil de Distrito de Managua")
http://www.poderjudicial.gob.ni/jdistr.htm; www.csj.gob.ni

* Claim assumed to be equivalent to 200% of income per capita.