{"data":{"id":"us-wi/wis.-stat.-409.623","jurisdiction":"us-wi","citation":"Wis. Stat. § 409.623","heading":"Right to redeem collateral.","body":"(1) Persons that may redeem. A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral.\n(2) Requirements for redemption. To redeem collateral, a person shall tender:\n(a) Fulfillment of all obligations secured by the collateral; and\n(b) The reasonable expenses and attorney fees described in s. 409.615 (1) (a).\n(3) When redemption may occur. A redemption may occur at any time before a secured party:\n(a) Has collected collateral under s. 409.607;\n(b) Has disposed of collateral or entered into a contract for its disposition under s. 409.610; or\n(c) Has accepted collateral in full or partial satisfaction of the obligation it secures under s. 409.622.","path":["Chs. 401-411, Uniform Commercial Code","Chapter 409 Uniform Commercial Code — Secured Transactions","SUBCHAPTER VI DEFAULT"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/409.623","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:23Z","sha256":"a1d65bfe856d5ffd94e98a0313b36c090332c6d246c9f77f2c82753242c0cd9a","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-409.622","next":"us-wi/wis.-stat.-409.624"},"notice":"GroundRules: Original legal text. Not legal advice."}