Legal Question in Credit and Debt Law in Wisconsin

Unfortunately, the answer might be yes. Since you own half of your spouse's wages and other marital property (assuming that you are covered by the WI Marital Property Act), even an non-marital creditor can take away your ownership interest in you spouse's wages, bank accounts, real estate, etc., including wage garnishments, unless you protect yourself. You need to speak with a bankruptcy attorney as soon as possible. Even if you do not want to go bankrupt, they are usually the only lawyers with sufficient expertise in creditor debtor law to defend such claims. Additionally, failure to complete financial disclosures after a judgment (or attend discover of asset supplementary exam hearings) can land you in jail if you do not "play your cards right," by cooperating with the siezure of your assets, or go bankrupt in order end the problem once and for all. Answering this question here does not make me your attorney, but you can reach my office in Racine (262-633-3090 or [email protected]) for clarifications. See me on the web at www.jayknixonlaw.com. View over fifteen years plus of past answers at http://www.lawguru.com/answers/search/attorney/jknixon. Answers may contain attorney advertising materials.