Question

Which type of courts declare an individual financially insolvent?

A. Supreme Court
B. US court of Appeals
C. Bankruptcy courts
D. Circuit courts

Answer 1

The court which you declare an individual financially insolvent would be in a Bankruptcy court.

Explanation:

Insolvency is the state of being unable to pay the money owed, by a person or company, on time; those in a state of insolvency are said to be insolvent. Which requires you to declared bankruptcy in a Bankruptcy court.

Hope this helps!