Are you facing foreclosure in Wisconsin? If so, you are not alone. With the recent economic downturn, many Wisconsin homeowners are struggling to make ends meet, and foreclosure is an unfortunate reality for many. But don’t despair! There are steps you can take to avoid foreclosure and keep your home. What is the first step? …
If you’re facing foreclosure in Wisconsin, you’re not alone. Foreclosure is a difficult process for any homeowner and it’s especially challenging in Wisconsin due to the state’s unique foreclosure laws. While it’s important to understand the process and your rights, it’s also important to know that you have options. What is Foreclosure? First and foremost,…
Having to deal with the possibility of going through foreclosure can be a difficult pill to swallow. Especially when we’re still recovering from the pandemic, the rise of inflation, and the possibility of a recession on the horizon. Fortune has just stated that there has been two consecutive quarters of negative GDP growth within the…
With the housing market all over the place and the rise of interest rates we are going to examine the different types of foreclosures. Along with taking a look at common defenses for foreclosure within the state of Wisconsin. Starting out there are three types of foreclosures that can be used at any time. The…
It’s easy to fear that a foreclosure will happen so fast that you won’t have time to deal with it. For the most part, the law moves slowly. This may seem awful when you are awaiting something like a settlement, but when you are awaiting foreclosure, you’ll be glad that it does move so slow….
There are different stages to foreclosure, and the laws in each state vary depending on how they handle those stages. One of those stages is known as the redemption period. What is the redemption period in a Wisconsin foreclosure? Kingstad Law is here to help guide you through that. Does Wisconsin Allow You to Redeem…
It’s unfortunate that you need a lawyer at all to fight a foreclosure in Wisconsin. Technically, you can go it alone, but there is so much at risk and Wisconsin is a judicial foreclosure state which means your case will get heard in front of a judge. The other reason you may want a lawyer…
Foreclosures are a little complicated. What doesn’t help matters is that the process is filled with complex terms like breach notice, REO, judicial foreclosure, and even deficiency judgment. What is a deficiency judgment in Wisconsin? Though not entirely unique, Wisconsin is one of the states where lenders can demand a deficiency judgment. Kingstad Law will…
Whether you are facing foreclosure, worried about foreclosure, or simply curious, you may have heard the term judicial foreclosure state. Is Wisconsin a judicial foreclosure state? The team at Kingstad Law will dive into what the term means and what it means for Wisconsin and Milwaukee residents. What is a Judicial Foreclosure State? A little…
There is no simple answer to the question of which is worse, foreclosure or bankruptcy. If there was then there’d be no other options to consider, but let’s walk you through aspects of this question so that you can get some understanding of what might be the right option for you. Is a Foreclosure or…
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