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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A person is prohibited from causing another person to incur coerced debt.
(b) A person who causes another person to incur a coerced debt in violation of this section is civilly liable to the creditor for the amount of the debt, or portion of the debt, determined by a court to be coerced debt, plus the creditor's reasonable attorney fees and costs, provided the creditor follows the procedures undersection 332.74, subdivision 3, paragraph (b).
Cite this article: FindLaw.com - Minnesota Statutes Trade Regulations, Consumer Protection (Ch. 324-341) § 332.72. Coerced debt prohibited - last updated January 01, 2025 | https://codes.findlaw.com/mn/trade-regulations-consumer-protection-ch-324-341/mn-st-sect-332-72/
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