insolvent in a sentence

Definition

Insolvent refers to a state in which an individual or entity is unable to pay their debts as they come due.

The company's insolvency led to a lengthy legal battle over its assets.
After failing to pay its debts for several months, the small business was declared insolvent.
Creditors were left scrambling for payment when the once-thriving firm became insolvent overnight.
The government implemented new regulations to help businesses avoid becoming insolvent in the first place.
Insolvent individuals often face significant challenges in securing loans or mortgages in the future.
The company was declared insolvent after failing to pay its debts for several months.
After the financial crisis, many small businesses found themselves insolvent and unable to recover.
The court appointed a trustee to manage the assets of the insolvent estate.
She struggled with the emotional toll of being declared insolvent, feeling as though she'd failed.
Investors were wary of putting money into any venture that appeared to be insolvent.