Wisconsin Statutes (Last Updated: January 10, 2017) |
Chapter 860. Probate — Sale, Mortgage And Lease Of Property |
Section 860.05. Free of creditor's claims.
Latest version.
- If property in an estate is sold, mortgaged or leased by a personal representative, title passes subject to the rights of creditors having a secured interest in the property sold but free and clear of any right of creditors which is based on the filing and allowance of a claim in the estate. The filing and allowance of a claim in an estate does not make one a secured creditor.