Contact Us for a Free Consultation 414.377.0515


Navigating Wisconsin Repossession Laws: Know Your Rights

Posted by Nathan DeLadurantey | Aug 28, 2023

In the realm of personal finances, unforeseen circumstances can sometimes lead to difficulties in keeping up with loan payments. In such situations, lenders may have the legal right to repossess collateral, like vehicles or other valuable assets, as a means to recover their losses. However, this process must adhere to specific legal procedures, varying from state to state. In this blog post, we'll delve into some details Wisconsin's repossession laws, shedding light on what lenders and borrowers need to know.

1. The Repossession Process: In Wisconsin, repossession is typically a last resort for lenders after a borrower defaults on their loan agreement. Before initiating repossession proceedings, lenders are required to provide borrowers with a "Right to Cure" notice. This notice outlines the default, the required cure amount, and a 15-day grace period during which the borrower can catch up on missed payments. If the borrower fails to do so, the lender may gain the right to repossess the collateral.

2. Voluntary Surrender vs. Involuntary Repossession: Borrowers can opt for a voluntary surrender of the collateral. This involves contacting the lender to arrange the return of the collateral due to financial difficulties. While this typically won't absolve the borrower of the debt, it might potentially lead to a more amicable resolution.

On the other hand, involuntary repossession occurs when the lender retrieves the collateral without the borrower's consent. Wisconsin law dictates that this process must be carried out without "breach of the peace." This means that lenders cannot use force or engage in threatening behavior during the repossession.

3. Right to Redemption: In Wisconsin, borrowers also have the option of redeeming their collateral. This means that, even after repossession, the borrower can regain ownership by paying the specific amounts. This can be an essential safeguard for individuals who experience temporary financial setbacks but still wish to retain their property.

Conclusion: Wisconsin's repossession laws are designed to strike a balance between the rights of lenders and borrowers. It's crucial for individuals on both sides of the lending equation to be aware of these laws to ensure that their actions are within legal bounds. Borrowers facing financial difficulties should be knowledgeable about their rights to redemption and the voluntary surrender option, while lenders must adhere to strict guidelines during the repossession process. If you find yourself in such a situation, seeking legal counsel can provide clarity and help you navigate this complex landscape.

Attorney Nathan DeLadurantey offers free consultations to explain your legal rights in Wisconsin. Free consultations can be scheduled online. 

About the Author

Nathan DeLadurantey

Nathan DeLadurantey ATTORNEY [email protected] Nathan is a skilled consumer lawyer who handles cases and trials all over Wisconsin. Phone consultations are always free and welcomed. Nathan has helped clients receive large jury verdicts and settlements stemming from consumer law violations, and is ready and able to assist.


The DeLadurantey Law Office, LLC is committed to answering your questions about Vehicle Repo's, Credit Report/Identity Theft, Auto Fraud, and Debt Collection Abuse law issues in Wisconsin.

We offer free consultation and look forward to discussing your case. Contact us today to schedule an appointment.

DeLadurantey Law Office, LLC
Mon: 08:00am - 05:00pm
Tue: 08:00am - 05:00pm
Wed: 08:00am - 05:00pm
Thu: 08:00am - 05:00pm
Fri: 08:00am - 05:00pm