reglab/housing_qa huggingface dataset:
WI Stat § 424.205 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 424 - Consumer transactions — insurance.|424.205 - Refund or credit required.

424.205  Refund or credit required. (1) Upon prepayment in full of a consumer credit transaction by the proceeds of consumer credit insurance, the customer or the customer's estate is entitled to a refund of any portion of a separate charge for insurance which by reason of prepayment is retained by the original creditor or any assignee or returned to either of them by the insurer. (2) This chapter does not require the creditor to grant a refund or credit if all the refunds and credits due to the customer under chs. 421 to 427 amount to less than $1 and, except as provided in sub. (1), does not require the creditor to account to the debtor for any portion of a separate charge for insurance because:(a) The insurance is terminated by performance of the insurer's obligation;(b) The creditor pays or accounts for premiums to the insurer in amounts and at times determined by the agreement between them; or(c) The creditor receives directly or indirectly under any policy of insurance a gain or advantage not prohibited by law. (3) Except as provided in sub. (2), the creditor shall promptly make or cause to be made an appropriate refund or credit to the customer with respect to any separate charge made to the customer for insurance if:(a) The insurance is not provided or is provided for a shorter term than that for which the charge to the debtor for insurance was computed; or(b) The insurance terminates prior to the end of the term for which it was written because of prepayment in full or otherwise. (4) A refund or credit required by sub. (3) is appropriate as to amount if it is computed according to either s. 422.209 or a method prescribed or approved by the commissioner of insurance.History:  1971 c. 239; 1979 c. 89; 1991 a. 316.
WI Stat § 424.206 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 424 - Consumer transactions — insurance.|424.206 - Deferral, refinancing and consolidation agreements.

424.206  Deferral, refinancing and consolidation agreements. (1) The creditor may not receive a separate charge for insurance in connection with a deferral (s. 422.204), a refinancing (s. 422.205) or a consolidation (s. 422.206) unless:(a) The customer agrees in writing at the time of deferral, refinancing or consolidation that a specific charge may be made;(b) The customer is to be provided with insurance for an amount or a term, or insurance of a kind, in addition to that to which the customer would have been entitled had there been no deferral, refinancing or consolidation;(c) The customer receives a refund or credit on account of any unexpired term of existing insurance in the amount that would be required if the insurance were terminated (s. 424.205); and(d) The charge does not exceed the amount permitted by this chapter (s. 424.204). (2) A creditor may not contract for or receive a separate charge for insurance which duplicates insurance with respect to which the creditor has previously contracted for or received a separate charge. (3) A violation of this section is subject to the provisions of s. 425.303.History:  1971 c. 239; 1991 a. 316.
WI Stat § 424.207 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 424 - Consumer transactions — insurance.|424.207 - Term of insurance.

424.207  Term of insurance. (1) Consumer credit insurance provided by a creditor may be subject to the furnishing of evidence of insurability satisfactory to the insurer. Whether or not such evidence is required, the term of the insurance shall commence no later than when the customer becomes obligated to the creditor or when the customer applies for the insurance, whichever is later except as follows:(a) If any required evidence of insurability is not furnished until more than 30 days after the term would otherwise commence, the term may commence on the date when the insurer determines the evidence to be satisfactory; or(b) If the creditor provides insurance not previously provided covering debts previously created, the term may commence on the effective date of the policy. (2) In the case where the commencement of the insurance is delayed, the customer to the extent the customer has paid a premium charge for any period of time before the insurance became effective, shall be entitled to a rebate or credit of such premium according to s. 424.205. (3) The originally scheduled term of the insurance shall extend at least until the due date of the last scheduled payment of the obligation, except as follows:(a) If the insurance relates to an open-end credit plan, the term need extend only until the payment of the account and may be sooner terminated after at least 30 days' notice to the customer; or(b) If the customer is advised in writing in a clear and conspicuous manner that the insurance will be written for a specified shorter time, the term need extend only until the end of the specified time. (4) The term of the insurance shall not extend more than 15 days after the originally scheduled due date of the last scheduled payment of the debt unless it is extended without additional cost to the customer or as an incident to a deferral, refinancing or consolidation agreement.History:  1971 c. 239; 1991 a. 316.
WI Stat § 424.208 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 424 - Consumer transactions — insurance.|424.208 - Amount of insurance.

424.208  Amount of insurance. (1) The initial amount of credit life insurance shall not exceed the total amount repayable under the contract of indebtedness however the indebtedness may be repayable, but in cases where an indebtedness is repayable in substantially equal installments, the amount of insurance shall at no time exceed the scheduled or actual amount of unpaid indebtedness, whichever is greater. (2) The total amount of indemnity payable by credit accident and sickness insurance in the event of a disability, shall not exceed the aggregate of the periodic scheduled unpaid installments of the indebtedness, and the amount of each periodic indemnity payable shall not exceed the original indebtedness divided by the number of periodic installments.History:  1971 c. 239; 1973 c. 3 ss. 60, 69; 1997 a. 302.Legislative Council Note, 1973: [As to sub. (1) (intro.)] Clarifies the application of this subsection to open-end accounts. As the section reads prior to amendment, it could be construed to mean that maximum credit life insurance coverage would be determined by the account balance at the time the insurance was initially contracted for. However, the intent is that the amount of insurance fluctuate with, but never exceed, the account balance in open-end credit accounts. For verification, see s. 424.204 (2), which uses the current account balance to determine the premium charge. [Bill 432-A]
WI Stat § 424.302 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 424 - Consumer transactions — insurance.|424.302 - Insurance on creditor's interest only.

424.302  Insurance on creditor's interest only. If a creditor contracts for or receives a separate charge for insurance against loss of or damage to property, the risk of loss or damage not willfully caused by the customer is on the debtor only to the extent of any deficiency in the effective coverage of the insurance, even though the insurance covers only the interest of the creditor.History:  1971 c. 239.
WI Stat § 424.303 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 424 - Consumer transactions — insurance.|424.303 - Cancellation by creditor.

424.303  Cancellation by creditor. (1) A creditor shall not request cancellation of a policy of property or liability insurance except after the customer's default (s. 425.103), or in accordance with a written agreement by the customer at any time other than when the original transaction is entered into. In either case the cancellation does not take effect until written notice is delivered to the customer or mailed to the customer at an address as stated by the customer. The notice shall state that the policy may be canceled on a date not less than 30 days after the notice is delivered, or, if the notice is mailed, not less than 33 days after it is mailed. (2) Following cancellation, the customer shall be entitled to a rebate or credit for any prepaid charges which represent the premium for a period following cancellation. (3) This section shall not apply to a contract issued by an insurance premium finance company licensed under s. 138.12.History:  1971 c. 239; 1973 c. 3; 1991 a. 316.
WI Stat § 424.402 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 424 - Consumer transactions — insurance.|424.402 - Insurance cancellation credit or payment.

424.402  Insurance cancellation credit or payment. (1) Any customer who cancels insurance or a service contract under s. 424.304 or 424.401 shall receive one of the following:(a) A credit against the balance of the customer's obligation or account in the amount of the insurance premiums or service contract charges plus that portion of the finance charge attributable to the insurance premiums or service contract charges.(b) A payment in the amount of the full amount of the insurance premiums or service contract charges, which amount shall continue to be part of the customer's obligation, if the creditor offers and the customer elects this option. (2) With respect to the application of a credit under sub. (1) (a) to a customer's obligation for a consumer credit transaction other than one pursuant to an open-end credit plan, a merchant shall do one of the following:(a) If the obligation is for a consumer credit transaction other than a precomputed consumer loan, apply the credit in one of the following ways:1. First against the final installment due on the customer's obligation and then to the preceding installments in the reverse order in which they are due.2. Against the balance of the customer's obligation and proportionately reduce the amount of each remaining installment.(b) If the obligation is for a precomputed consumer loan, apply the credit against the balance of the customer's obligation, compute and apply a refund of the finance charge, less the portion included in the credit, in the manner described in s. 422.209 (2) as of the date of the loan or the nearest scheduled installment due date, and thereafter charge interest at a rate not to exceed the annual percentage rate of finance charge which was disclosed to the customer when the loan was made. (3) If a credit under sub. (1) (a) is applied to a precomputed consumer loan, the finance charge resulting after application of the credit shall be the finance charge for the precomputed consumer loan, but the cancellation shall not otherwise alter the customer's obligation for the precomputed consumer loan. (4) A contract between an insurer and a creditor may not provide for a refund to the creditor upon cancellation by a customer under s. 424.304 or 424.401 in an amount less than the amount of the insurance premiums that the creditor must credit to the customer's account or pay to the customer under sub. (1). (5) A violation of this section is subject to s. 425.303.History:  1985 a. 256.
WI Stat § 424.501 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 424 - Consumer transactions — insurance.|424.501 - False, misleading or deceptive insurance solicitation.

424.501  False, misleading or deceptive insurance solicitation. (1) A creditor may not solicit or offer for sale any insurance product in connection with a consumer credit transaction in any manner that is false, misleading or deceptive or that omits to state material information with respect to the insurance or the consumer credit transaction that is necessary to make the solicitation or offer not false, misleading or deceptive. (2) It is not a violation of sub. (1) to use printed materials or forms that have been approved for use by the office of the commissioner of insurance. (3) A violation of this section is subject to s. 425.304.History:  1985 a. 256.
WI Stat § 424.502 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 424 - Consumer transactions — insurance.|424.502 - Insurance commissions; limitations.

424.502  Insurance commissions; limitations. A creditor or insurer may not pay to an employee of the creditor who participates in the processing of consumer credit transactions any commission or bonus that exceeds an amount equal to 25 percent of the employee's annual earnings for the sale of insurance in connection with those consumer credit transactions. Insurance does not include a warranty plan for which the commissioner of insurance has issued a limited certificate of authority pursuant to rule promulgated under s. 600.01 (1) (b) 5.History:  1985 a. 256.
WI Stat § 424.601 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 424 - Consumer transactions — insurance.|424.601 - Cooperation between administrator and commissioner of insurance.

424.601  Cooperation between administrator and commissioner of insurance. The administrator and the commissioner of insurance shall consult and assist one another in maintaining compliance with this chapter. They may jointly or severally pursue investigations, prosecute suits and take other official action, as may seem to them appropriate, if either of them is otherwise empowered to take the action. If the administrator is informed of a violation or suspected violation by an insurer of this chapter, or of chs. 600 to 646, rules and regulations of this state, the administrator shall advise the commissioner of insurance of the circumstances, and the commissioner of insurance may act under the laws of this state.History:  1971 c. 239; 1973 c. 3; 1977 c. 339 s. 43; 1979 c. 89; 1985 a. 256 s. 14; Stats. 1985 s. 424.601.
WI Stat § 424.602 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 424 - Consumer transactions — insurance.|424.602 - Administrative action of commissioner of insurance.

424.602  Administrative action of commissioner of insurance. To the extent that the commissioner of insurance's responsibility under this chapter requires, the commissioner shall issue rules with respect to insurers and with respect to refunds (s. 424.205), forms, schedules of premium rates and charges (s. 424.209), and the commissioner's approval or disapproval thereof and, in case of violation, may make an order for compliance.History:  1971 c. 239; 1985 a. 256 s. 16; Stats. 1985 s. 424.602; 1991 a. 316.
WI Stat § 425.101 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 425 - Consumer transactions — remedies and penalties.|425.101 - Short title.

425.101  Short title. This chapter shall be known and may be cited as the Wisconsin consumer act — remedies and penalties.History:  1971 c. 239.
WI Stat § 425.102 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 425 - Consumer transactions — remedies and penalties.|425.102 - Scope.

425.102  Scope. This subchapter applies to actions or other proceedings brought by a creditor to enforce rights arising from consumer credit transactions and to extortionate extensions of credit under s. 425.108.History:  1971 c. 239.
WI Stat § 425.1025 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 425 - Consumer transactions — remedies and penalties.|425.1025 - Definition.

425.1025  Definition. In this subchapter, “billing statement" means a statement issued pursuant to 15 USC 1637 (b).History:  2015 a. 155.
WI Stat § 425.104 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 425 - Consumer transactions — remedies and penalties.|425.104 - Notice of customer's right to cure default.

425.104  Notice of customer's right to cure default. (1) A merchant who believes that a customer is in default may give the customer written notice of the alleged default and, if applicable, of the customer's right to cure any such default (s. 425.105). (2) Any notice given under this section shall contain the name, address and telephone number of the creditor, a brief identification of the consumer credit transaction, a statement of the nature of the alleged default and a clear statement of the total payment, including an itemization of any delinquency charges, or other performance necessary to cure the alleged default, the exact date by which the amount must be paid or performance tendered and the name, address and telephone number of the person to whom any payment must be made, if other than the creditor.History:  1971 c. 239.Notice need not be given if the obligation is entirely past due and fully owed, making it impossible for the customer to restore the loan to current status. Rosendale State Bank v. Schultz, 123 Wis. 2d 195, 365 N.W.2d 911 (Ct. App. 1985).The s. 425.105 (1) prohibition of suits except when notice is given pursuant to s. 425.104 imposes timing and content requirements for the notice. A notice that did not meet the timing requirements of ss. 425.103 (2) (a) and 425.104 (1) never gave notice “pursuant to s. 425.104." Thus suit was barred by s. 425.105 (1). Indianhead Motors v. Brooks, 2006 WI App 266, 297 Wis. 2d 821, 726 N.W.2d 352, 06-1002.Courts construe sub. (2) strictly, so even minor defects or omissions are enough to render a notice of right to cure invalid. Bahena v. Jefferson Capital Systems, LLC, 363 F. Supp. 3d 914 (2019).Billing statements are not sufficient to give notice of a right to cure to an unsophisticated consumer, so they cannot qualify as right-to-cure notices under sub. (2). Bahena v. Jefferson Capital Systems, LLC, 363 F. Supp. 3d 914 (2019).This section establishes requirements regarding what information a right-to-cure notice must contain, and it is permissive in the sense that it does not obligate merchants to send such notices whenever a customer defaults. But s. 425.105 lays out the requirements for merchants who wish to sue on a default, and s. 425.105 (1) makes providing notice a mandatory prerequisite to suit. Bahena v. Jefferson Capital Systems, LLC, 363 F. Supp. 3d 914 (2019). See also Boerner v. LVNV Funding LLC, 358 F. Supp. 3d 767 (2019).
WI Stat § 425.106 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 425 - Consumer transactions — remedies and penalties.|425.106 - Exempt property.

425.106  Exempt property. (1) Except to the extent that the merchant has a valid security interest which is permitted by chs. 421 to 427 and 429 or has a lien under ch. 779 in such property, or where the transaction is for medical or legal services and there has been no finance charge actually imposed, the following property of the customer shall be exempt from levy, execution, sale, and other similar process in satisfaction of a judgment for an obligation arising from a consumer credit transaction:(a) Unpaid earnings to the extent provided in s. 812.34.(b) Clothing of the customer or his or her dependents, and the following: dining table and chairs, refrigerator, heating stove, cooking stove, radio, beds and bedding, couch and chairs, cooking utensils and kitchenware and household goods as defined in 12 CFR 227.13 (d), 12 CFR 535.1 (g) or 16 CFR 444.1 (i) consisting of furniture, appliances, one television, linens, china, crockery and personal effects including wedding rings, except works of art, electronic entertainment equipment, antiques and jewelry, to the extent a nonpossessory security interest in these household goods is prohibited under 12 CFR 227.13 (d), 12 CFR 535.2 (a) (4) or 16 CFR 444.2 (a) (4);(c) Real property used as the principal residence of the customer or the customer's dependents, to the extent that the fair market value of such property, less all amounts secured by mortgages and liens outstanding against it, is $15,000 or less; and(d) Earnings or other assets of the customer which are required to be paid by the customer as restitution under s. 973.20. (2) With respect to process against marital property in satisfaction of a judgment for an obligation described under s. 766.55 (2) (b) arising from a consumer credit transaction, each spouse is entitled to and may claim the exemptions under sub. (1). Each spouse is entitled to one exemption under sub. (1) (c). That exemption is limited to the specified maximum dollar amount, which may be combined with the other spouse's exemption in the same property or applied to different property included under the same exemption. (3) Nothing in this section shall be construed to displace other provisions of law which afford additional or greater protection to the customer. (4) An order or process in violation of this section is void.History:  1971 c. 239; 1973 c. 2, 3; 1979 c. 32 s. 92 (9); 1979 c. 89, 177, 221; 1983 a. 36; 1985 a. 37, 256; 1987 a. 398; 1991 a. 316; 1993 a. 80; 1995 a. 329.NOTE:  As to sub. (2), see notes in 1985 Wis. Act 37, marital property trailer bill.
WI Stat § 425.108 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 425 - Consumer transactions — remedies and penalties.|425.108 - Extortionate extensions of credit.

425.108  Extortionate extensions of credit. (1) If it is the understanding of the creditor and the customer during any time that an extension of credit is outstanding, that delay in making repayment could result in the use of violence to cause harm to the person or property of any person, the extension of credit shall be unenforceable in accordance with s. 425.305 and the customer shall additionally recover triple the penalty provided in s. 425.304 (1). (2) If it is shown that an extension of credit was made at an annual rate exceeding that permitted by or referred to in s. 422.201 on maximum charges and that the creditor had a reputation for the use or threat of use of violence to cause harm to the person or property of any person to collect extensions of credit or to punish the nonrepayment thereof, it shall be presumed that the extension of credit was a violation under chs. 421 to 427 under sub. (1).History:  1971 c. 239; 1979 c. 89.
WI Stat § 425.110 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 425 - Consumer transactions — remedies and penalties.|425.110 - No discharge from employment for garnishment.

425.110  No discharge from employment for garnishment. (1) No employer shall discharge an employee because a merchant has subjected or attempted to subject unpaid earnings of the employee to garnishment or like proceedings directed to the employer for the purpose of paying a judgment arising from a consumer credit transaction. (2) If an employer violates this section, an employee shall recover back wages and be reinstated, if the employee files an action for such relief within 90 days of the employee's discharge.History:  1971 c. 239.