Title 128 · WI 128
Untitled section
Citation: Wis. Stat. § 128.07
Section: 128.07
128.07
â
Preferred creditors.
128.07(1)
(1)
â
Definitions.
In this section:
128.07(1)(a)
(a)
A person shall be considered to have given a preference if, being insolvent, the person has made a transfer of any of his or her property, or has procured or permitted a judgment to be entered against him or her in favor of any other person, and the effect of the transfer or the enforcement of the judgment will be to enable any creditor to obtain a greater percentage of his or her debt than any other creditor of the same class.
128.07(1)(b)
(b)
âRecipientâ means a person who receives a preference, or benefits from a preference, or that personâs agent.
128.07(1)(c)
(c)
128.07(1)(c)1.
1.
âTransferâ means any of the following, whether made absolutely or conditionally, voluntarily or involuntarily, by or without judicial proceedings, as a conveyance, sale, assignment, payment, pledge, mortgage, lien, encumbrance, gift, security or otherwise:
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2023-24 Wisconsin Statutes updated
through 2025 Wis. Act 103 and through all Supreme Court Orders and Controlled Substances Board Orders filed before and in effect on April 3, 2026.
Published and certified under s. 35.18. Changes effective after April 3, 2026, are designated by NOTES.
(Published 4-3-26)