Section 332A.17 Debt Management Services Agreement Rescission
332A.17 DEBT MANAGEMENT SERVICES AGREEMENT RESCISSION.
Any debtor has the right to rescind any debt management services agreement with a debt management services provider that commits a material violation of this chapter. On rescission, all fees paid to the debt management services provider or any other person other than creditors of the debtor must be returned to the debtor entering into the debt management services agreement within ten days of rescission of the debt management services agreement.
History:
2007 c 57 art 3 s 59