2011 Minnesota Statutes
Chapters 324 - 338 — Trade Regulations, Consumer Protection
Chapter 332B — Debt Settlement Services
Section 332B.12 — Debt Settlement Services Agreement Rescission


MN Stat § 332B.12 (1996 through Reg Sess) What's This?
332B.12 DEBT SETTLEMENT SERVICES AGREEMENT RESCISSION.

Any debtor has the right to rescind any debt settlement services agreement with a debt settlement services provider that commits a material violation of this chapter. On rescission, all fees paid to the debt settlement services provider or any other person other than creditors of the debtor must be returned to the debtor entering into the debt settlement services agreement within ten days of rescission of the debt settlement services agreement.

History:

2009 c 37 art 4 s 29

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