Enforcing Contracts in Colombia

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

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 Nature of ProcedureIndicator
Procedures (number)34
Time (days)1346
Filing and service68
Trial and judgment913
Enforcement of judgment365
Cost (% of claim)*52.6
Attorney cost (% of claim)23.2
Court cost (% of claim)12.6
Enforcement Cost (% of claim)16.8

Bogota Civil Municipal Court ("Juzgado Civil Municipal de Bogotá")
http://www.ramajudicial.gov.co/csj_portal/index.html

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