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