Wisconsin Judgment
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How to fill out Judgment?
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FAQ
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. §§ 806.23; 893.40; 893.415.
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.
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.
In Wisconsin, creditors must file any claims before the deadline set by the court clerk, typically 3-4 months after executor appointment.
In Wisconsin, the statute of limitations is six years and begins on the date of the last payment on an account. This also means that if you make a payment on your debt at any time in the six-year span, the clock restarts.
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.
To vacate a default judgment under sub. (1) (a), the moving party must set forth a meritorious defense, which is a defense good at law that would survive a motion for judgment on the pleadings.
(5) A default judgment may be rendered against any party who has appeared in the action but who fails to appear at trial. If proof of any fact is necessary for the court to render judgment, the court shall receive the proof.