insolvent

Preposition: at

• date: Notice of the insolvency proceedings must be given to all agents engaged by the insolvent at the date of the order.

Adjective modifier

• deceased: For more information on deceased insolvents, see chapter 54.

Modifies a noun

• liquidation: Where a limited company is in insolvent liquidation, the liquidator is under a statutory duty to collect in its assets.
• debtor: A person to whom the property of a bankrupt, or an insolvent debtor, is transferred for adjustment for the benefit of Auditors.
• estate: The administration of the insolvent estate of a deceased debtor.
• partnership: Supplementary powers of the court: winding up of an insolvent partnership 15.
• trading: Perhaps nowhere does this become more important than in the event of insolvent trading.
• employer: A claim may be made to the State redundancy fund in respect of relevant contributions due, but unpaid, by an insolvent employer.

Modifying Another Word

• hopelessly: He says that the club was hopelessly insolvent from the date of the demand.
• technically: The joint entity became technically insolvent in February, losing almost $ 500 million of investment.
• apparently: In the event of your organization being sequestrated or becoming apparently insolvent, this consultancy shall terminate with immediate effect.
• now: The difficulty arises because as I have described above, a large number of ship owners are now insolvent.
• not: The advice given was that the Charity was not insolvent.
• financially: Members of Council will not be held personally liable for debt in the unlikely event of the University's becoming financially insolvent.

Used with adjective complement

• declare: On 4 March, mainly due to his court failure, Irving was declared insolvent.
• become: The number of people becoming insolvent in 2006 is likely to exceed 100,000.
• die: If the businessman died insolvent, the lender would be locked out and would not be able to access its security.
• go: Some will go insolvent, return to work, run at a loss or just not really trade.

Preposition: in

• circumstance: Trading while insolvent in these circumstances is known as " wrongful trading " .
• future: Choosing an appropriate business structure will help to reduce the potential consequences should you become insolvent in the future.