Wisconsin Foreclosure and Repossession Compliance
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Failing to comply with highly technical, yet easy-to-follow, consumer replevin procedures can lead to embarrassing and costly litigation against lenders and their attorneys alike.While they are frequently encountered, many practitioners, lenders, and interested parties do not understand how to effectively order and interpret title documentation, nor whether, how, or when to make a title insurance claim. Nor do they understand the finer points of bidding at sheriff's sale, lien priorities involving governmental authorities, condominium and homeowners associations, or the real estate tax foreclosure process. This topic assists people responsible for foreclosures by providing practical information and advice regarding both basic and advanced topics. This topic also discusses how to obtain possession of a vehicle or other personal property from the time of default to sale. Failing to comply with highly technical, yet easy-to-follow, consumer replevin procedures can lead to embarrassing and costly litigation against lenders and their attorneys alike. This information is critical for lawyers, financial institutions, and others who regularly or irregularly file, are served with, and either appear in or observe foreclosure and replevin cases in the State of Wisconsin.
Brian P. Thill, Murphy Desmond, S.C.
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