Argentina (AR) — civil law.

Nothing on this page describes United States practice. There is no certificate sold to an investor, no administrative sale, and no post-sale redemption window in Argentina. If you arrived carrying US assumptions, read falsos-amigos first.

Ley 24.522 — concursos y quiebras

Insolvency is national law and it cuts across every ejecución in this wiki. When the debtor enters concurso preventivo or quiebra, the individual execution the creditor was running stops being the operative proceeding.

This is not an automatic stay.

The mechanics are different enough that borrowing the US vocabulary produces wrong answers about timing, about which court has the file, and about what a creditor must do to preserve its claim. Use the Argentine terms.

The three moving parts

Fuero de atracción. Pending actions against the debtor are drawn to the insolvency court. The file physically moves; the executing judge loses it.

Suspension of individual executions. Creditors cannot continue picking off assets one at a time. Secured creditors (acreedores con garantía real — the hipoteca holder) occupy a distinct position and may, subject to the statute, pursue a concurso especial against their collateral.

Verificación de créditos. A creditor who does not present its claim to the síndico for verification, within the deadline, is not paid. This is mandatory and it has no US analogue in its strictness — a creditor with an unassailable hipoteca can still lose by missing the verification step.

Quiebra as an acquisition route

Liquidation in a quiebra (enajenación de bienes) is a separate route to buying property from a distressed owner, distinct from a `subasta` in an individual execution. The síndico proposes and the court authorises the form of realisation, which may be an auction, a licitación, or a direct sale. The rules on base, on what survives, and on the buyer’s protection are not the same as in an ordinary subasta.

Detailed article-level treatment of the enajenación regime: needs_verification.

Interaction with apremio

A juicio de apremio brought by a fisco is not immune to insolvency. How provincial fiscal claims rank and whether they must verify like anyone else is a recurring litigated question, and is needs_verification here rather than assumed.