Insolvency
Insolvency is when an individual or organization can no longer meet its financial obligations with its lender or lenders as debts become due; it can lead to insolvency proceedings, in which legal action will be taken against the insolvent entity, and assets may be liquidated to pay off outstanding debts.
Case Study
Insolvency Expert in Revenue Bonds
An insolvency expert in revenue bonds was needed for a securities case.