insolvent
in.sol.vent \-v*nt\ aj 1a: unable or having ceased to pay debts as they
fall due in the usual cou rse of business; specif : having liabilities in
excess of a reasonable market value of assets held 1b: insufficient to pay
all debts {an ~ estate} 1c: IMPOVERISHED, DEFICIENT 2: relating to or for
the relief of insolvents - insolvent n
Webster's English Dictionary