Encumbered assets; payment of debt

Wis. Stat. § 859.43
in effect
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(1) Rights of secured creditors not affected. Nothing in this chapter shall affect or prevent any action or proceeding to enforce any mortgage, pledge, lien or other security agreement against property of the estate. (2) Payment. When any property in the estate is encumbered by mortgage, pledge, lien or other security agreement, the personal representative may pay the encumbrance or any part thereof, renew or extend any obligation secured by the encumbrance or may convey or transfer the encumbered assets to the creditor in satisfaction of the creditor’s lien, in whole or in part, whether or not the holder of the encumbrance has filed a claim.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/859.43Fetched: 10/7/2026
Wis. Stat. § 859.43 — Encumbered assets; payment of debt | Wisconsin Statutes (updated through 2025 Wis. Act 247) | Corpus