A judicial foreclosure proceeding can be initiated at any time after default on a secured obligation or a judgment which constitutes a lien on real property. The following form is a complaint that adopts the "notice pleadings" format of the Federal Rules of Civil Procedure, which have been adopted by most states in one form or another. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
The Wisconsin Motion for Satisfaction of Money Judgment by Judicial Sale is a legal procedure filed by a judgment creditor to enforce the collection of a money judgment by forcing the sale of the debtor's property. This motion is specifically filed in Wisconsin courts and is governed by the Wisconsin Statutes. In cases where a debtor fails to satisfy a money judgment voluntarily, the judgment creditor can request the court to order the sale of the debtor's property. The purpose of this motion is to create a mechanism for the judgment creditor to recover the owed amount by selling the debtor's assets. The sale proceeds are then used to satisfy the outstanding judgment. Keywords: Wisconsin, Motion for Satisfaction, Money Judgment, Judicial Sale, legal procedure, judgment creditor, collection, debtor's property, enforced collection, Wisconsin courts, Wisconsin Statutes, money judgment, sale of assets, outstanding judgment. Different types of Wisconsin Motion for Satisfaction of Money Judgment by Judicial Sale may include: 1. Real Property Sale Motion: This motion requests the court to order the sale of the debtor's real estate properties to satisfy the money judgment. The sale can be conducted through public auctions or private negotiations. 2. Personal Property Sale Motion: In situations where the debtor possesses valuable personal items, such as vehicles, artwork, or jewelry, the judgment creditor may file this motion to force the sale of these assets. 3. Bank Account Levy Motion: If the debtor has substantial funds in their bank accounts, the judgment creditor can file this motion to have those funds seized and applied towards the money judgment. 4. Wage Garnishment Motion: If the debtor is employed, this motion can be filed to instruct the debtor's employer to withhold a portion of their wages and remit them to the judgment creditor as payment towards the judgment. 5. Business Asset Sale Motion: In cases where the debtor owns a business, this motion can be filed to request the court to order the sale of the business assets, including inventory, equipment, or machinery. 6. Lien Sale Motion: If the debtor holds any property on which the judgment creditor has obtained a lien, this motion can be filed to enforce the sale of that property and satisfy the underlying judgment. Remember that the specific types of motions available and their names may vary depending on the jurisdiction or specific circumstances. It is always recommended consulting with a legal professional to determine the most appropriate motion to file in a specific case.
