the lack of financial resources
"After losing his job and selling all his furniture, Mark finally declared insolvency to stop creditors from harassing him."
The condition of being insolvent; the state or condition of a person who is insolvent; the condition of one who is unable to pay his debts as they fall due, or in the usual course of trade and business.
"The sudden insolvency of the construction firm left its workers unpaid for months."