- Minnesota regulates foreclosure consultants under the Minnesota Foreclosure Statutes, Minnesota Statutes Ann. § 325N.01-.18, as amended (2007). (see http://www.revisor.leg.state.mn.us/bin/bldbill.php?bill=S1533.3.html&session=ls85)
- The State:
- Requires contracts in writing, fully disclosing the terms, parties and duration of the contract and the rights and duties that attach; written in the language of negotiation; Requires pro forma notices of foreclosure consultant prohibited acts
- Allows cancellation within 3 days of signing the contract with written (or email) notice