Section 409.609. Secured party's right to take possession after default.

 

(1)   Possession; rendering equipment unusable; disposition on debtor's premises. After default, a secured party:

(a) May take possession of the collateral; and

(b) Without removal, may render equipment unusable and dispose of collateral on a debtor's premises under s. 409.610 .

(2)   Judicial and nonjudicial process. A secured party may proceed under sub. (1) :

(a) Pursuant to judicial process; or

(b) Without judicial process, if it proceeds without breach of the peace.

(3)   Assembly of collateral. If so agreed, and in any event after default, a secured party may require the debtor to assemble the collateral and make it available to the secured party at a place to be designated by the secured party which is reasonably convenient to both parties.

2001 a. 10 .