Eligible Thrid Party Bidder Affidavit {CV-550}

CV-550 - ELIGIBLE THIRD-PARTY BIDDER DECLARATION. This form is used in Wisconsin foreclosure proceedings when an individual or entity that is not a party to the foreclosure case intends to bid on the mortgaged property at a sheriff’s sale. It serves to confirm that the bidder qualifies as a “third-party bidder” under state law and is not disqualified due to tax delinquencies, unsatisfied building code judgments, or connections to parties with such disqualifications. The form must be signed by the bidder or an authorized representative and includes declarations about the bidder’s status, eligibility, and acknowledgment of penalties for false statements. It also identifies a person in Wisconsin authorized to accept service of process on the bidder's behalf. §846.155, Wisconsin Statutes. www.FormsWorkflow.com