The bankruptcy definition of "insolvency" is a financial condition such that the sum of one's debts exceeds the sum of all one's property at fair valuation.

Name: The bankruptcy definition of "insolvency" is a financial condition such that the sum of one's debts exceeds the sum of all one's property at fair valuation.
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Insolvency in bankruptcy context indeed means that an individual's or entity's total debts exceed the total value of their assets when assessed at fair market value.

The Bankruptcy Definition of "Insolvency" Is a Financial Condition Such