Moreover, new data on bankruptcies released today suggests that one of the biggest challenges the government will face this year is how to prevent insolvency from tipping the banking system into another crisis.
A bipartisan national commission is grappling with overhauling Medicare to prevent insolvency soon after the year 2000.
The bank charter had various clauses to help prevent possible insolvency and reduce risks.
Insurers are also pushing for Federal disaster insurance to prevent insolvency after a major catastrophe and are working with the California Legislature for some sort of an arrangement to keep insurance available to homeowners but protect companies from disastrous losses.
Thus, a collective agreement providing for fixed rights such as salary rates and pension contributions could not be revised by subsequent legislatures elected by the public at large, even if such measures were required to prevent fiscal insolvency.
The reforms are necessary to prevent R.E.A.-Fund insolvency and to insure that the Treasury is repaid $79 billion owed by the R.E.A., the department said.
The cuts are not about preventing a recession - they are about preventing national insolvency - which would cripple us for a generation and the human cost of which would dwarf the worst nightmares of what the tories might bring.
He thought if he could auction this planet off, if only for a little cash, he could prevent total insolvency.
Although the 1985 and 1986 bills provided stopgap measures to prevent insolvency, this year's legislation is the most far-reaching.
The Danish registry justified its enforcement of the rule as a way to protect creditors and prevent fraudulent insolvency.