Late Payment of Commercial Debts (Interest) Act 1998: Primary legislation governing the right to claim interest and compensation on late commercial payments, including statutory interest rates and compensation for late payment

Limitation Act 1980: Sets out the time limits within which different types of legal claims must be brought, including the 6-year limitation period for debt recovery

Consumer Credit Act 1974: Regulates consumer credit and consumer hire agreements, protecting consumers in credit transactions and setting requirements for lenders

Consumer Rights Act 2015: Consolidates consumer protection law, including unfair terms in consumer contracts and consumer rights in relation to goods and services

Law of Property Act 1925: Fundamental legislation governing property law and certain aspects of security for debts in England and Wales

Common Law Contract Principles: Established legal principles regarding contract formation, including offer, acceptance, consideration, and intention to create legal relations

FCA Regulations: Financial Conduct Authority regulations governing regulated credit activities and debt collection practices

Consumer Protection from Unfair Trading Regulations 2008: Prohibits unfair commercial practices between traders and consumers, including misleading actions or aggressive practices in debt collection

GDPR and Data Protection Act 2018: Legal framework for handling personal data, including requirements for processing debtor information

Pre-Action Protocol for Debt Claims: Court procedures that must be followed before commencing legal proceedings for debt recovery

Civil Procedure Rules: Rules governing civil litigation in England and Wales, including procedures for debt enforcement

Insolvency Act 1986: Legislation governing insolvency procedures and the treatment of debts when a debtor is insolvent

Companies Act 2006: Principal legislation governing company operations in the UK, including corporate debt responsibilities and director duties