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Bankruptcy in Wyoming: Exemptions and Filing Guide

State-specific bankruptcy exemptions and filing information for Wyoming. These exemptions determine what property you can keep when filing Chapter 7 bankruptcy.

Data last updated: Jan 15, 2025

Key Takeaways

  • Homestead exemption: $20,000 ($40,000 for married couple).
  • Vehicle exemption: $2,400.
  • Must use state exemptions (no federal option).
  • Attorney fees: $1,000–$1,800 (Ch. 7) / $2,500–$4,000 (Ch. 13) typical.
$20,000 ($40,000 for married couple) Homestead exemption
$2,400 Vehicle exemption
No Federal option
$338 (Chapter 7) / $313 (Chapter 13) Filing fee

Wyoming Bankruptcy Exemptions

  • Homestead$20,000 ($40,000 for married couple)
  • Vehicle$2,400
  • Personal property$4,000 household goods; $1,000 clothing
  • WildcardNone
  • Federal exemptionsNot available

Means Test: Wyoming Median Income

To qualify for Chapter 7 in Wyoming, your income must be below the state median or you must pass the means test showing no disposable income for creditors.

  • 1 person$60,200
  • 2 people$74,800
  • 3 people$85,800
  • 4 people$100,400

Filing Costs

  • Court filing fee$338 (Chapter 7) / $313 (Chapter 13)
  • Typical attorney fee$1,000–$1,800 (Ch. 7) / $2,500–$4,000 (Ch. 13)
  • Court districtsDistrict of Wyoming

Wyoming bankruptcy court

Related Resources

Frequently Asked Questions

  • What is the homestead exemption in Wyoming?

    Wyoming provides a $20,000 homestead exemption ($40,000 for a married couple), which is relatively low.

  • Can I use federal exemptions in Wyoming?

    No. Wyoming requires the use of state exemptions.

  • What is the vehicle exemption in Wyoming?

    Wyoming allows a $2,400 motor vehicle exemption.

  • Are there any unique Wyoming exemptions?

    Wyoming provides special exemptions for livestock, farming equipment, and mineral rights, reflecting the state's agricultural and energy economy.

Legal Disclaimer: FreeNetLaw provides general legal information, not legal advice. The information on this site is not a substitute for consultation with a licensed attorney. Laws vary by jurisdiction and change frequently. Always verify information with official sources and consult a qualified attorney for advice about your specific situation.

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