Wisconsin Instructions for Application for Order of Satisfaction of Judgment(s) Due to Discharge in Bankruptcy is a set of instructions for filing an application for an order of satisfaction of judgment due to a discharge of debt in a bankruptcy proceeding. The instructions provide guidance for filing an application to the court to have a judgment issued by the court satisfied due to a bankruptcy discharge. There are two types of Wisconsin Instructions for Application for Order of Satisfaction of Judgment(s) Due to Discharge in Bankruptcy: one is for filing an application in a district court of Wisconsin, and the other is for filing an application in a circuit court of Wisconsin. The instructions include information on who can file an application, what information needs to be included in the application, how to file the application, and the fee for filing the application. The instructions also provide information on how to obtain a copy of the order of satisfaction after it is issued by the court.
Wisconsin Instructions for Application for Order of Satisfaction of Judgment(s) Due to Discharge in Bankruptcy
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How to fill out Wisconsin Instructions For Application For Order Of Satisfaction Of Judgment(s) Due To Discharge In Bankruptcy?
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FAQ
Generally, the creditor gives the debtor (person who owes the money/property) the completed Satisfaction of Judgment (form GF-129) to file with the Clerk of Circuit Court and pay the filing fee. Satisfactions of Judgment can be filed electronically via the Wisconsin Courts System eFiling.
How long does a judgment lien last in Wisconsin? A judgment lien in Wisconsin will remain attached to the debtor's property (even if the property changes hands) for ten years.
The renewal of judgment means that the creditor can take legal action to collect the debt, including wage garnishment, bank levy, and even property foreclosure.
If the married couple or joint owners of a property do not have a tenancy by the entireties title, any lien can attach to the person's interest in the property. Whether it's judgment or confessed judgment, the lien will attach to the homeowner's interest, making the lienor a co-owner of the property.
In order to renew, the judgment creditor must obtain permission from the court and refile an action against the judgment debtor within 20 years. Wis. Stat.
A satisfaction of judgment is a document signed by a judgment creditor and generally filed with the court, indicating that a judgment has been paid in full.
A discharge in bankruptcy eliminates a debtor's legal obligation to pay debts that are discharged. The granting of a discharge (1) is not a dismissal of the case, (2) does not determine how much money, if any, the trustee will pay to creditors, and (3) does not always automatically result in the closing of a case.
Wisconsin judgments have 10- and 20-year expiration dates, but they can be extended if the judgment creditor requests permission from the court and re-files an action against the judgment debtor.