Understanding Your Rights and Responsibilities
Repossession, the process of taking back property when a borrower defaults on a loan, can be a stressful experience for all parties involved. In Wisconsin, there are specific laws governing repossession to protect both lenders and borrowers. One crucial aspect of these laws is the prohibition of breach of peace.
What is Breach of Peace in Repossession?
A breach of peace occurs when a repossession agent uses force, threats, or intimidation to take possession of property- AND when a repossession agent takes your vehicle after a simple verbal protest. This is explained more in the video above - so make sure you review that!
Wisconsin Laws on Breach of Peace Repossession
Wisconsin law strictly prohibits repossession agents from using force or threats to take possession of property. This means that they cannot:
- Break into your home or business to repossess property.
- Use physical force to remove you from your property.
- Make threats of violence or harm to you or your family.
- Take your vehicle over your simple verbal protest.
What to Do If You Believe Your Rights Have Been Violated
If you believe that a repossession agent has violated your rights by using force or threats, you should take the following steps:
- Document the Incident: Write down the details of the incident, including the date, time, location, and the names of the people involved.
- Consult an Attorney: Consider consulting with an attorney who specializes in consumer law to discuss your options.
Remember: Your rights as a borrower are protected by law. If you believe that your rights have been violated during a repossession, do not hesitate to take action and contact us today.
Attorney Nathan DeLadurantey offers free consultations to explain your legal rights in Wisconsin. Free consultations can be scheduled online.
