Wisconsin Assignment of Judgment

State:
Multi-State
Control #:
US-00762BG
Format:
Word; 
Rich Text
Instant download

Description

An Assignment of Judgment is used when one party wishes to assign his/her rights to a Judgment over to another individual. Such an assignment may be made for purposes of collection or in payment of a debt.

How to fill out Assignment Of Judgment?

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FAQ

940.42 Intimidation of witnesses; misdemeanor. Except as provided in s. 940.43, whoever knowingly and maliciously prevents or dissuades, or who attempts to so prevent or dissuade any witness from attending or giving testimony at any trial, proceeding or inquiry authorized by law, is guilty of a Class A misdemeanor.

(1m) The operator of a motor vehicle shall not follow another vehicle more closely than is reasonable and prudent, having due regard for the speed of such vehicle and the traffic upon and the condition of the highway.

In Wisconsin, the statute of limitations on a judgment can be up to 20 years. ?Debts can be reported for the time periods mentioned above even if you paid the debt in full before the end of the allowed reporting time period.

(1) Every judgment properly entered in the judgment and lien docket showing the judgment debtor's place of residence shall, for 10 years from the date of entry, be a lien on all real property of every person against whom the judgment is entered which is in the county where the judgment is rendered, except homestead ...

Wisconsin Legislature: 806.14. (a) The full name and place of residence of each judgment debtor and of the spouse or former spouse of the judgment debtor if the spouse is named in a judgment described under s. 806.15 (4).

By entering a judgment in the judgment and lien docket, a judgment creditor obtains a ten-year statutory lien on real property of the debtor located in the county in which the judgment was docketed, but does not create a statutory lien on the debtor's personal property.

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.

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Wisconsin Assignment of Judgment