Legal grounds for a claim to prove insolvency before the court. This is done through: the concept of an insolvency claim, and the status of an insolvency claim as a subject of application, in a comparative study between: Iraqi law, Islamic jurisprudence, and French law.
The evidence of the state of insolvency often depends on the factual circumstances of reality. This includes unpaid invoices, dissatisfied creditors, and unpaid taxes—essentially a de facto situation (primarily of a patrimonial and financial nature) that reflects a complete imbalance between the debtor's ability to pay and their liabilities. This imbalance prompts creditors to petition the court for a declaration of insolvency and, consequently, for bankruptcy proceedings. The evidence consists of all documents, whether contractual, accounting, or financial, that substantiate such a condition.
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