Question

who is an insolvent ?​

Answer 1

Explanation:

an insolvent debtor : a person or entity that is unable to pay debts as they fall due

The country's newspapers regularly published legal notices that announced private assignments for the benefit of creditors, the attachments by creditors against the property of absconding debtors, and court-mandated auctions of assets owned by insolvents.

— Edward J. Balleisen

Answer 2

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ᴜɴᴀʙʟᴇ ᴛᴏ ᴘᴀʏ ᴅᴇʙᴛs ᴏᴡᴇᴅ.