(a) If a homeowner rescinds a contract with a foreclosure consultant or a foreclosure reconveyance agreement, the homeowner shall, not later than thirty (30) days after the date of rescission, repay any amounts paid or advanced by:(1) the foreclosure consultant or the foreclosure consultant's agent under the terms of the foreclosure consulting contract; or(2) a person under a foreclosure reconveyance agreement.(b) A rescission by a homeowner under this chapter is void if the payments required under this section are not made within the time set forth in subsection (a).As added by P.L.209-2007, SEC.2.
Indiana Legal Code