Wisconsin Code § 859.31

Compromise of claims
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When a claim against the
estate has been filed or suit thereon is pending, the creditor and
personal representative may, if it appears for the best interests of
the estate, compromise the claim, whether due or not due, absolute or contingent, liquidated or unliquidated; but if an objection
to the claim has been filed by a person interested no compromise
of the claim may be made without the consent of the objector.

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