Below you will find important information on Wisconsin state debt recovery laws including: Wisconsin Statutes, Judgments, Garnishments, Interest Rates, and Bad Check Laws.
STATE: WISCONSIN
Interest Rate
- Legal: 5%
- Judgment: 12%
STATUTE OF LIMITATIONS (IN YEARS)
- Open Account: 6
- Written Contract: 6
- Domestic Judgment: 20
- Foreign Judgment: 20
BAD CHECK LAWS (CIVIL PENALTY)
Amount of check plus actual damages + exemplary damages up to 3x value of check, limited to $500.
GENERAL GARNISHMENT EXEMPTIONS
80% of net pay.