The amount of equity a Wisconsin homeowner can exempt, or protect, from judgment creditors increased effective December 16, 2009. An individual can now protect $75,000 of equity in their home, or the proceeds from the sale of their home with the intent to purchase another homestead for 2 years. The new exemptions have also eliminated the marriage penalty, allowing a married couple to protect $150,000 in their homestead.
The exemptions for other property exempt from execution have also increased. You should consult an attorney for a thorough review of the Wisconsin exemptions.
