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Insolvency - Wikipedia In accounting, insolvency is the state of being unable to pay the debts, by a person or company (debtor), at maturity; those in a state of insolvency are said to be insolvent There are two forms: cash-flow insolvency and balance-sheet insolvency
Insolvency: What It Is and Potential Causes - Investopedia Insolvency is the inability of a business or individual to repay their debts Businesses might become insolvent if they can't repay creditors, pay their employees, or continue to operate
insolvency | Wex | US Law | LII Legal Information Institute “Bankruptcy versus Insolvency” The distinction between the terms “bankruptcy” and “insolvency” is an important one Insolvency is not equivalent to bankruptcy Bankruptcy is a legal finding that imposes court supervision over the financial affairs of the debtor
What Is Insolvency and How Does It Work? - SoFi Learn what insolvency means, how it works, and what options are available when a business or individual can’t meet their financial obligations
What Is Insolvency Law and How Does It Work? - LegalClarity Insolvency describes a state where an individual or entity is unable to meet their financial obligations This condition manifests in two primary forms: cash-flow insolvency and balance-sheet insolvency