Household Income and Expenditure Survey 2008
Samoa, 2008
Created on
Apr 25, 2019
Last modified
Apr 25, 2019
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83
- Data Files
- WLD_2010_DB_v01_M
Closing a Business - Cost (% of estate) (cb_cost)
Data file: WLD_2010_DB_v01_M
Overview
Valid:
1200
Invalid:
264
Minimum:
1
Maximum:
76
Type:
Discrete
Decimal:
0
Range:
-
Format:
Questions and instructions
Categories
| Value | Category |
|---|---|
| 1 | |
| 4 | |
| 5 | |
| 6 | |
| 7 | |
| 8 | |
| 9 | |
| 10 | |
| 11 | |
| 12 | |
| 13 | |
| 15 | |
| 17 | |
| 18 | |
| 20 | |
| 22 | |
| 23 | |
| 25 | |
| 28 | |
| 29 | |
| 30 | |
| 34 | |
| 36 | |
| 38 | |
| 42 | |
| 43 | |
| 76 | |
| 999999 | no practice |
| Sysmiss |
Warning: these figures indicate the number of cases found in the data file. They cannot be interpreted as summary statistics of the population of interest.
Description
Definition
The cost of the proceedings is recorded as a percentage of the value of the debtor’s estate. The cost is calculated on the basis of survey responses and includes court fees and government levies; fees of insolvency administrators, auctioneers, assessors and lawyers; and all other fees and costs. Respondents provide cost estimates from among the following options: less than 2%, 2–5%, 5–8%, 8–11%, 11–18%, 18–25%, 25–33%, 33–50%, 50–75% and more than 75% of the value of the estate.
Others
Notes
If an economy has had fewer than 5 cases a year over the past 5 years involving a judicial reorganization, judicial liquidation or debt enforcement procedure (foreclosure), the economy receives a “no practice” ranking. This means that creditors are unlikely to recover their money through a formal legal process (in or out of court). The recovery rate for “no practice” economies is zero.