Wisconsin Debt Collection Laws and Statutes

Wisconsin Debt Collection Laws and Statutes

AccountsReceivable.com handles debt collections throughout the entire state of Wisconsin.

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.

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