Legal Question in Real Estate Law in Wisconsin

Re: small business

Assuming that you received no state sponsored assistance, any medical bills you incurred would be owed to the hospital/clinic/physician who provided the service. If you do not pay they can sue to obtain a judgment. If they obtain a judgment, they can try to collect the judgment from any NON-exempt assets you own.

If you have no non-exempt assets, it would be very difficult for the health care provider to collect. The judgment is a lien against (non-exempt) real estate for a period of 10 years and is good for a period of 20 years. So even if you have no non-exempt assets today, you may have some tomorrow. If you NEVER have non-exempt assets the health care provider could never collect from you.

This would have an adverse effect on your credit rating of course.

You would be wise to contact an attorney to determine whether your assets are exempt and/or non-exempt, and/or how to protect your present and future assets.

There are other possible remedies available such as bankruptcy or a Wis Chapter 13 amortization. You shuld consider all your options.