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  • Wis. Stat. 128.21 Debtor Actions - Wisconsin Chapter 128 Debt ...

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Wis. Stat. 128.21 Debtor Actions A Wisconsin Bankruptcy Alternative Jeffrey L. Murrell, Esq. P.O. Box 579, Milwaukee, WI 53201 jeffmurrell lawyer.com THIS OUTLINE IS INTENDED TO ASSIST THOSE IN THE.

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Related content

Filing an Amortization of Debt (Chapter 128) Case...
Amortization of debt actions (often called “Chapter 128” actions, after the chapter of...
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Filing an Amortization of Debt (Chapter 128) Case
1.0 Filing a Debt Amortization Case Under Wis. Stats. §128.21 In Milwaukee County...
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A debtor filing Chapter 128 fills out a simple petition to reorganize debts and an affidavit listing the debts he or she wishes to include. Chapter 128 covers unsecured debts such as credit cards, payday loans, speeding tickets, medical bills, late utility bills and rent payments.

Definition. A debt amortization proceeding under 128.21 is a court supervised, trustee administered. debt repayment plan that pays 100% of scheduled debts over no more than three years, available to wage earners who are unable to meet their current obligations, but who can. afford the payments under such a plan.

Wisconsin Debt Relief Programs make it easy to pay off credit cards and almost any type of unsecured debt. Consolidation loans can eliminate high-interest rates, and Wisconsin financial hardship plans can reduce your balances. To qualify for a Wisconsin debt reduction plan consumers must have over $10,000 in debt.

There is no such thing as a Chapter 128, which is reason enough for you to get an attorney. Filing bankruptcy without an attorney is like trying to perform surgery on yourself. At least get a free consultation before you make a decision. First, the firm is a debt relief agency according to the U.S. Bankruptcy Code.

When filing for Chapter 128, the debtor should enlist the help of a trustee. The debtor and the trustee will total the unsecured debt of the debtor, add in the trustee fees and then divide by 36 to come up with a monthly payment amount.

First, the 128 is not bankruptcy and it is not treated as such by your creditors nor is it by the various credit reporting agencies. It is reported on your credit score as a repayment plan or language to that effect.

Chapter 128 Debt Consolidation Advantages First, the 128 is not bankruptcy and it is not treated as such by your creditors nor is it by the various credit reporting agencies. It is reported on your credit score as a repayment plan or language to that effect.

A judgment can remain on your credit report for seven years or until the statute of limitations expires, whichever is longer. In Wisconsin, the statute of limitations on a judgment can be up to 20 years.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232