2007 Chapter 425

CHAPTER 425

CONSUMER TRANSACTIONS — REMEDIES AND PENALTIES

SUBCHAPTER I

CREDITORS' REMEDIES

425.101 Short title.

425.102 Scope.

425.103 Accrual of cause of action; "default".

425.104 Notice of customer's right to cure default.

425.105 Cure of default.

425.106 Exempt property.

425.107 Unconscionability.

425.108 Extortionate extensions of credit.

425.109 Pleadings.

425.110 No discharge from employment for garnishment.

425.111 Levy before judgment.

425.112 Stay of execution.

425.113 Body attachments.

SUBCHAPTER II

ENFORCEMENT OF SECURITY INTERESTS IN COLLATERAL

425.201 Scope.

425.202 Definitions.

425.203 Enforcement of merchant's rights in collateral and leased goods.

425.204 Voluntary surrender of collateral.

425.205 Action to recover collateral.

425.206 Nonjudicial enforcement limited.

425.2065 Notice to law enforcement.

425.207 Restraining order to protect collateral or leased goods; abandoned property.

425.208 Customer's right to redeem.

425.209 Restrictions on deficiency judgments.

425.210 Computation of deficiency.

SUBCHAPTER III

CUSTOMER'S REMEDIES

425.301 Remedies to be liberally administered.

425.302 Remedy and penalty for certain violations.

425.303 Remedy and penalty for certain violations.

425.304 Remedy and penalty for certain violations.

425.305 Transactions which are void.

425.306 Unenforceable obligations.

425.307 Limitation of action.

425.308 Reasonable attorney fees.

425.309 Class actions.

425.310 Liability of corporate officers.

425.311 Evidence of violation.

SUBCHAPTER IV

CRIMINAL PENALTIES

425.401 Willful violations: misdemeanor.

Ch. 425 Cross-reference Cross-reference: See definitions in s. 421.301.

subch. I of ch. 425 SUBCHAPTER I

CREDITORS' REMEDIES

425.101 425.101  Short title. This chapter shall be known and may be cited as the Wisconsin consumer act—remedies and penalties.

425.101 History History: 1971 c. 239.

425.102 425.102  Scope. This subchapter applies to actions or other proceedings brought by a creditor to enforce rights arising from consumer credit transactions and to extortionate extensions of credit under s. 425.108.

425.102 History History: 1971 c. 239.

425.102 Annotation Wisconsin consumer act—a critical analysis. Heiser, 57 MLR 389.

425.102 Annotation Wisconsin consumer act—a freak out? Barrett, Jones, 57 MLR 483.

425.103 425.103  Accrual of cause of action; "default".

425.103(1) (1) Notwithstanding any term or agreement to the contrary, no cause of action with respect to the obligation of a customer in a consumer credit transaction shall accrue in favor of a creditor except by reason of a default, as defined in sub. (2).

425.103(2) (2) "Default", with respect to a consumer credit transaction, means without justification under any law: