Facing Financial Trouble? Understand the Difference Between Insolvency, Liquidation, Bankruptcy and Administration Learn the differences between insolvency, liquidation, bankruptcy and administration. Previous Article Billionaire Ken Griffin Just Made Another Massive Donation to Harvard University — Here's What His Alma Mater's Giving Him in Return Next Article Man Sues Maker of Wellness Drink for Allegedly Causing Him to Relapse After 7 Years of Sobriety