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Tag Archives: Pro-borrower Laws

More Than a Local Speed Bump – Wisconsin’s Wage Lien Law Points to Change

Posted in Market Trends, Tough Times for Lenders, Workout Issues

The Wisconsin Bankers Association reports on a Wisconsin bill that could foretell things to come, if the "new" economy continues to slide:  laws that protect the wage claims of workers at the expense of existing liens held by others. Briefly, this Wisconsin statute recognizes the rights of employees (subject to certain exceptions excluded by the… Continue Reading