Wisconsin § 859.19 - Secured claims.
Full text of Wisconsin Wisconsin Statutes § 859.19 — Secured claims., with citation guidance and answers to common questions.
§ 859.19. Secured claims.
859.19(1) (1) When a creditor holds any security for a claim the security shall be described in the claim, and the judgment allowing the claim shall describe the security. The security is sufficiently described if the security document is described by date and by the recording or filing data. 859.19(2) (2) Payment of the claim shall be upon the basis of: 859.19(2)(a) (a) The full amount thereof if the creditor surrenders the security; or 859.19(2)(b) (b) If the creditor realizes on the security before receiving payment, then upon the full amount of the claim allowed less the fair value of the security. 859.19 History History: 1985 a. 332 . 859.19 Cross-reference Cross-reference: See s.
Frequently Asked Questions About Wisconsin § 859.19
What does Wisconsin Statutes § 859.19 cover?
Section 859.19 ("Secured claims.") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wisconsin § 859.19?
A common citation format is "Wisconsin Statutes § 859.19" (Wisconsin). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 859.19 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wisconsin.