Deed of Debt Forgiveness
A Deed of Debt Forgiveness may be used by a lender to forgive a debt owed by a borrower.
Last updated October 24, 2025
Suitable for Australia
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What is a deed of debt forgiveness?
What is a deed of debt forgiveness?
When should you use a deed of debt forgiveness?
When should you use a deed of debt forgiveness?
What should be in a deed of debt forgiveness?
What should be in a deed of debt forgiveness?
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Frequently asked questions
What protections does this deed provide to both parties?
keyboard_arrow_upDoes this document cover all debts between the parties?
keyboard_arrow_upAre there tax implications to consider?
keyboard_arrow_upHow is confidentiality handled in this deed?
keyboard_arrow_upWhat are the signature requirements for this document?
keyboard_arrow_upCan this deed be used in all Australian states and territories?
keyboard_arrow_upWhat steps should be taken after completing the deed?
keyboard_arrow_upView Sample Deed of Debt Forgiveness
The Legal Risk Score of a Deed of Debt Forgiveness Template is Medium
Our legal team have marked this document as medium risk considering:
- There is a risk that the borrower might misunderstand the scope of the forgiveness, as the document specifies that only the debt under a particular agreement is forgiven, leaving other debts potentially enforceable.
- The deed has specific signature requirements.
- The confidentiality clause restricts the sharing of information about the deed's terms, which could complicate the borrower's ability to freely discuss or disclose the terms when seeking advice or complying with regulatory requirements.
Meet Our Users
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