Legal Question in Civil Litigation in Wisconsin

In WI, anyone who wins a court judgment for money automatically becomes entitled to certain financial information from the adverse party (defendant, or "judgment debtor"), if it is not paid off immediately. The purpose of this is to disclose assets which can be seized by the plaintiff ("judgment creditor"), in order to satisfy the judgment. Financial disclosures are typically a type of form upon which this information is disclosed to the creditor. They must be submitted under oath and must disclose all things having any significant value which the debtor owns including bank or investment accounts, salary, cash, real estate, vehicles, personal property, etc., which the creditor will generally in turn attempt to take away from the debtor, unless the debtor protects himself by obtaining legal counsel. If you are in this situation, you owe it to yourself to consult with a bankruptcy lawyer, since the filing of any sort of bankruptcy will bring this process to a screeching halt. Most consumer debts will be completely forgiven (�discharged�) and persons of moderate means will yearly have to pay anything so long as they obtain advice from an experienced bankruptcy attorney.