Sec. 4. (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). [Pre-2026 Revision Citation: 24-5.5-4-4.] As added by P.L.115-2026, SEC.97.