Superir, or the Superintendencia de Insolvencia y Reemprendimiento, is a vital institution in Chile dedicated to assisting individuals and businesses facing financial difficulties. Established with the mission to facilitate economic recovery, Superir offers two main procedures for debtors: the Concursal Renegotiation procedure, an administrative and cost-free option aimed at restructuring debts, and the Concursal Liquidation procedure, a judicial process designed for the swift and efficient liquidation of assets to repay creditors.

Additionally, for businesses, Superir provides the Concursal Reorganization procedure, allowing viable companies to restructure their operations and liabilities, while the Concursal Liquidation ensures a fair asset liquidation for those deemed non-viable. Superir also emphasizes transparency and community engagement, regularly offering resources, public information, and economic advisory services related to insolvency. With a commitment to empowering debtors through educational initiatives and guidance, Superir plays a crucial role in managing insolvency and promoting economic revitalization in Chile.