Legal Question in Traffic Law in Wisconsin

Uninsured Motorists, Collecting on Damage Judgment

You should never sign any kind of legal document without having a lawyer examine it, including an installment agreement for an uninsured motorist to pay a damage judgment. The driver's willingness to make voluntary payments to you is a positive development which you should seriously consider, since drivers who cannot afford insurance are more likely to go bankrupt than most drivers. In a bankruptcy, you would usually get nothing. The State of Wisconsin requires uninsured drivers who might be at fault in an accident to post a deposit for the estimated damages or face loss of their driver's license. Payment of the claim over time under terms to which you agree prevents loss of license, as does bankruptcy. Default in payments by the uninsured driver can re-trigger the loss of license. A properly drafted installment agreement dealing with possible default can protect your rights in this situation.