SECTION 78

From the date the decision to open proceedings is taken and up to the expiration of a period of thirty days following the second publication of the decision in a newspaper empowered to publish legal notices provided for in Article 36 above, or following the publication made in the Official Gazette provided for in Article 37 above, where such publication is compulsory, all unsecured creditors or those with securities making up the body of creditors shall, under pain of foreclosure, show proof of their claims to the Bankruptcy Trustee. This period shall be sixty days for creditors resident outside the national territory where collective proceedings have been opened. The same shall apply to a creditor who, with proof of debt, files an application for judgment by virtue of a legal title or, in the absence of a legal title, for acknowledgement of his right, before the decision to open proceedings. Holders of a right to recover property shall also show proof of their claim specifying whether or not they intend to exercise that right. Failing such specification, they shall be considered to be unsecured creditors. The production of a claim shall stop the extinguishment of the claim by prescription.