What is a debt negotiation?

The procedure through which a non-merchant individual who has stopped paying negotiates an agreement with their creditors before an authorized operator. Its admission suspends enforcement proceedings against the debtor.

What does it imply that a debtor has an insolvency case?

That they started or are going through a debt negotiation or the validation of an agreement. For a creditor, detecting it early makes it possible to join the proceeding and defend their claim in the agreement.

Does the lookup certify the proceeding's status?

No. The file is kept by the operator (conciliation center or notary) and official certification comes from it; Croma's lookup is informational.

Personal insolvencySICAAC

Name: SICAAC
Creator: Ministerio de Justicia y del Derecho

The Sistema de Información de la Conciliación, el Arbitraje y la Amigable Composición records the insolvency cases of non-merchant individuals handled by authorized operators.

Operated by Ministerio de Justicia y del Derecho · Visit the official site

What the SICAAC is

The SICAAC is the Ministerio de Justicia y del Derecho's information system for alternative dispute resolution mechanisms: conciliation, arbitration, amicable composition and the insolvency of non-merchant individuals. Authorized conciliation centers and notaries record their cases there, including debt negotiations and the validation of private agreements.

Croma queries the SICAAC by document number and returns the associated insolvency cases: debt negotiations and agreement validations, with their operator and status, a key early warning for monitoring credit portfolios.

How fresh the data is

Croma queries the SICAAC live at the moment of your search. Cases appear as the authorized conciliation centers and notaries record them in the system.

Coverage and limits

Croma queries the insolvency cases of non-merchant individuals; the SICAAC also records conciliations and arbitrations that are not part of this lookup.
It depends on each authorized operator's recording; a recently filed proceeding can take time to appear.
It does not include corporate insolvency, handled by the Superintendencia de Sociedades, or judicial asset liquidation, decided by the courts.

Frequently asked questions

01What is a debt negotiation?: The procedure through which a non-merchant individual who has stopped paying negotiates an agreement with their creditors before an authorized operator. Its admission suspends enforcement proceedings against the debtor.
02What does it imply that a debtor has an insolvency case?: That they started or are going through a debt negotiation or the validation of an agreement. For a creditor, detecting it early makes it possible to join the proceeding and defend their claim in the agreement.
03Does the lookup certify the proceeding's status?: No. The file is kept by the operator (conciliation center or notary) and official certification comes from it; Croma's lookup is informational.

Croma queries the official source and returns the information exactly as the register publishes it. This page is informational and is not legal advice; for official purposes, verify directly with the corresponding register.