THE EFFICACY OF EXTRAJUDICIAL MEANS OF CONFLICT RESOLUTION IN BRAZIL: ANALYSIS OF REFORMS AND THEIR IMPLEMENTATION IN THE LEGAL SYSTEM

Abstract

This article addresses the impact of legal uncertainty in Brazil on credit recovery and banking spread. Based on a comparative analysis between Brazil, Chile and Mexico, it is discussed how judicial inefficiency and the lack of predictability in judicial decisions increase the cost of credit in Brazil. The study highlights the judicial reforms implemented in Chile, such as Law 20,720 and its update by Law 21,563, which reduced the banking spread by simplifying credit recovery. Proposals for Brazil are formulated based on these experiences, suggesting the adoption of alternative conflict resolution methods and the acceleration of guarantee enforcement processes. The research was conducted through a bibliographic review and analysis of quantitative data, using reliable sources such as the World Bank and CELAG (Latin American Strategic Center for Geopolitics).