Why are limited liability companies insolvent? What I understand is that a limited company can go bankrupt if it is insolvent, and its debts do not need to be paid off.

The first problem is that the assets of a limited company are independent, that is, the registered capital plus provident fund is fixed, so there may be a situation that the existing assets are not enough to pay off the debts, that is, the assets are insolvent. When assets are insolvent, both debtors and creditors can apply for bankruptcy. After bankruptcy, the company can repay its debts with its existing property. As you said, there is little possibility of borrowing money at will and not paying it back. First of all, whether bankruptcy is applied to the court. The court has to examine whether it has the conditions for bankruptcy. If you want to go bankrupt, you will go bankrupt. Secondly, money is not borrowed casually, including banks, and your ability to repay debts, the strength of the company, and the purpose of the loan should be examined. And you don't want to borrow it. The second problem is that a limited liability company bears its debts with all its assets, and the shareholders of the company bear limited liability to the extent of their subscribed capital contribution, that is, the shareholders of the company do not have to bear any responsibilities except the subscribed capital contribution.

If your problem is solved, please adopt it.