Minnesota § 332B.12 DEBT SETTLEMENT SERVICES AGREEMENT RESCISSION

Minnesota Statutes

§ 332B.12 — DEBT SETTLEMENT SERVICES AGREEMENT RESCISSION

Minnesota § 332B.12

PartTRADE REGULATIONS, CONSUMER PROTECTION

Ch. 332BDEBT SETTLEMENT SERVICES

This text of Minnesota § 332B.12 (DEBT SETTLEMENT SERVICES AGREEMENT RESCISSION) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 332B.12 (2026).

Text

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.

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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.