1. Enforcement of Unsecured Rights
SURVEY
Commercial Enforcement and Insolvency Systems
Enforcement of Unsecured Rights
Legal Vice Presidency
The World Bank

2. Enforcement of unsecured rights
Mechanisms for recovering unsecured debt are generally considered reliable and predictable
100%
90%
89%
82%
80%
70%
63%
63%
60%
50%
45%
40%
30%
20%
10% 0%
Africa
EAP & SA
ECA
LAC
Industrial

3. Enforcement of unsecured rights
Summary proceedings are available to recover unsecured debt
100%
100%
90%
80%
70%
67%
60%
63%
50%
45%
40%
30%
27%
20%
10% 0%
Africa
EAP & SA
ECA
LAC
Industrial

4. Enforcement of unsecured rights
Exceptions to foreclosure by unsecured creditors are clearly defined and narrowly tailored
100%
90%
91%
88%
83%
80%
70%
71%
73%
60%
50%
40%
30%
20%
10% 0%
Africa
EAP & SA
ECA
LAC
Industrial

5. Usual Recovery Time 56% 33% 0% 22% 1. Industrial 10% 60% 10% 20%
2. ECA
13%
38%
13%
38%
3. Africa
4. EAP & SA
29% 0%
29%
43%
5. LAC 0% 9%
45%
45% 0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
00-06 months
07-12 months
13-18 months
Longer than 18 months