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For Wisconsin, the statute of limitations on debt is six years (more on what this means below). Speak with an attorney to discuss the next step if you're past the statute. Submit a dispute.
In Wisconsin, the statute of limitations on a judgment can be up to 20 years.
Small claims court is limited to claims of $10,000 or less. However, third-party complaints, personal injury claims, and actions based in tort are limited to claims of $5,000 or less. Claims exceeding the maximum amount allowed must be filed in civil court.
In Wisconsin, a judgment becomes a lien for 10 years on all real property the judgment-debtor owns or acquires in the county or counties where the judgment is docketed. A judgment-creditor has 20 years from the judgment date to have a county sheriff attempt to seize the debtor's property.
Renew the judgment Money judgments automatically expire (run out) after 10 years.If the judgment is not renewed, it will not be enforceable any longer and you will not have to pay any remaining amount of the debt. Once a judgment has been renewed, it cannot be renewed again until 5 years later.
In the fiscal year of 2019, Wisconsin's state debt stood at about 22.57 billion U.S. dollars. The national debt of the United Stated can be found here.
In most cases, judgments can stay on your credit reports for up to seven years. This means that the judgment will continue to have a negative effect on your credit score for a period of seven years. In some states, judgments can stay on as long as ten years, or indefinitely if they remain unpaid.
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.
Electronically filed cases are subject to a fee of $20 per case per party. See page 4. CSS = court support services surcharge, 814.85: $51 for claims $10,000 or less, $169 for claims over $10,000, $68 for claims other than money judgments.