A determination by a bankruptcy court that a debtor is not entitled to be discharged from its debts – that the debtor’s creditors will not be enjoined from prosecuting claims they have against the debtor with respect to the debtor’s prepetition obligations. Grounds for denial of discharge include: the fact that the debtor is not an individual; the debtor has concealed its property with intent to hinder, delay or defraud; the debtor has destroyed books and records without justification; the debtor has knowingly and fraudulently made a false oath or account; and the debtor has been granted a prior discharge in a prior case within the previous eight years (or, under some circumstances, in the previous six years in a Chapter 12 or Chapter 13 case).
Bankruptcy Code § 727(a), (c). See also Discharge.