Refusal to Discharge of Obligations upon Completion of Bankruptcy Proceedings

The paper deals with the history of the institution of bankruptcy of citizens in the Russian legislation, substantiates its socio-rehabilitative nature. The author analyzes the grounds of application of the legal institute of refusal to discharge of obligations upon completion of bankruptcy proceedings. The paper describes the legal grounds for refusal of discharging of obligations, related to both the wrongful actions of the citizen prior to initiation of bankruptcy proceedings and to actions, committed in the course of bankruptcy proceedings. The main reason for the refusal to discharge obligations is the concealment of necessary information by the debtor or submission of knowingly unreliable information. At the same time, the author concludes that in each case there is the need to identify features of abuse of the right (bad faith) on behalf of the debtor. The author also expresses an opinion concerning the abstract nature of such categories as abuse of the right and good faith that depends on the court's evaluation of the specific circumstances of the case and judicial discretion.