Law of Property Act 1925: Key legislation for secured debts, dealing with interests in land, and formalities for release of security. Essential for debt forgiveness involving secured debts or property interests.

Limitation Act 1980: Governs time limits for enforcing debts, affects limitation periods, and requirements for acknowledgment of debts. Important for establishing the enforceability of the debt being forgiven.

Insolvency Act 1986: Regulates transactions at undervalue, preferences, and impact on other creditors. Critical for ensuring the debt forgiveness cannot be challenged by administrators/liquidators.

Consumer Credit Act 1974: Applies to consumer-related debts, including regulatory requirements, consumer protection provisions, and formal requirements for credit agreements.

Statute of Frauds 1677: Sets out requirements for written evidence of agreements and consideration requirements. Fundamental for ensuring the debt forgiveness agreement is legally valid.

Tax Legislation (Income Tax Act 2007 & Corporation Tax Act 2010): Covers tax implications of debt forgiveness, including potential treatment of debt release as a taxable event and related tax considerations.

Contract Law Principles: Fundamental principles covering consideration requirements, deed requirements if no consideration, capacity of parties, and clear terms and conditions for valid agreements.

Companies Act 2006: Relevant for corporate entities, covering corporate authority, directors' duties, and registration requirements in debt forgiveness situations involving companies.