"Insolvency" is a word in LAW AND LEGAL, ENGLISH
The condition of a person who ls Insolvent; inability to pay one’s debts; lack of means to pay one’s debts. Such a relative condition of a man’s assets and liabilities that the former, if all made immediately available, would not be suffl-cient to dlscharge the latter, or the condltion of a person who is unable to pay his debts as they fall due, or in the usual course of trade and business. See Dewey v. SL Albans Trust Co., 56 Vt. 475, 48 Am. Rep. 803; Toof v. Martin, 13 wall. 47, 20 L. Ed. 481; Miller v. Southern Land & Lumber Co:, 53 S. C. 364, 31 S. E. 281; Leitch v. Hollister, 4 N. Y. 213; Silver Valley Mining Ch. v. North Carolina Smelting Co., 119 N. C. 417, 25 S. E. 954; French v. Andrews, 81 Hun, 272, 30 N. Y. Supp. 796; Appeal of Bowersox, 100 Pa. 438, 45 Am. Rep. 387; Van Riper v. Poppenhausen. 43 N. Y. 75; Phipps v. Harding, 70 Fed. 470, 17 C. C. A 203, 30 L. R. A. 513; Shone v. Lucas, 3 Dowl. & R. 218; Herrick v. Borst, 4 Hill (N. Y.) 652; Atwater v. American Exch.. Nat Bank, 152 111. G05, 38 N. E. 1017; Rug-gles v. Cannedy, 127 Cal. 290, 53 Pac. 916, 46 L. R. A. 371
Insufficiency to discharge all debts of the owner; as,
the insolvency of an estate.
The condition of being insolvent; the state or
condition of a person who is insolvent; the condition of one who is
unable to pay his debts as they fall due, or in the usual course of
trade and business; as, a merchant's insolvency.
I don’t believe that young people today can live clean, pure lives without the help of God. The peer pressure is too great and the temptations they see in the movies and on television, and what they hear in their music is too much. Only Christ can give them the power to say no.
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