Determining the date of insolvency in bankruptcy cases

The article analyzes from a methodological point of view the issue of determining the date of occurrence of the debtor’s insolvency, which is significant in bankruptcy disputes. The relationship between the concepts of insolvency, insufficiency of property and objective bankruptcy of the organization is considered. When diagnosing insolvency, the author uses financial analysis, considers the values of solvency ratios, the flow of funds in the current account, the debtor’s failure to fulfill the obligation to pay wages, pay mandatory payments, and monetary obligations under contracts. Concludes that the process of development of the debtor’s insolvency ends with a certain final date of absolute insolvency.