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gavel Resolving Insolvency

Doing Business studies the time, cost and outcome of insolvency proceedings involving domestic legal entities. These variables are used to calculate the recovery rate, which is recorded as cents on the dollar recovered by secured creditors through reorganization, liquidation or debt enforcement (foreclosure or receivership) proceedings. To determine the present value of the amount recovered by creditors, Doing Business uses the lending rates from the International Monetary Fund, supplemented with data from central banks and the Economist Intelligence Unit.

The most recent round of data collection for the project was completed in June 2017. See the methodology for more information.

Other Resources

Business law library -- Our library includes hundreds of laws, including insolvency and company laws.

Case studies -- Download case studies on the challenges of Resolving Insolvency.

Research papers -- View list of relevant research on Resolving Insolvency.

International guidelines on insolvency: Download internationally recognized good practices in the area of insolvency:
       - World Bank, Principles for Effective Insolvency and Creditor/Debtor Regimes (revised 2016).
       - UNCITRAL, Legislative Guide on Insolvency Law (2004).