declare oneself insolvent

The club was declared insolvent and he retired from management.

Bankruptcy is the procedure whereby an individual may be declared insolvent.

By this time, the family business was failing: it was declared insolvent in 1873.

The missed payment will automatically begin a 30-day grace period after which the company could be declared insolvent.

One of his funds ran into trouble in 2011 and was declared insolvent in 2012.

The bank, unable to recover from the losses because of the scheme, was declared insolvent in June 1990.

On 28 April 2004, however, the club was declared insolvent.

In August 2002 the park was declared completely insolvent.

If the Government were a private entity, it would have been declared insolvent a long time ago.

In January 2011, the club was declared insolvent, and the results of the 2010-11 season were voided.