Wyoming Bankruptcy Laws

Federal filing fee for Chapter 7 bankruptcy. Fee waivers available for qualifying low-income filers.

Federal filing fee for Chapter 13 bankruptcy.

You must complete credit counseling from an approved agency within 180 days before filing and a debtor education course before receiving a discharge.

Chapter 7 filers must pass a means test comparing their income to Wyoming's median income to determine eligibility.

Protects up to $100,000 of equity in your primary residence (increased from $20,000 effective July 1, 2023 by HB 0174). Applies to homes on lots of any size, including house trailers and mobile homes. Joint filers may each claim the exemption.

Protects up to $5,000 of equity in one motor vehicle.

Protects household furniture, bedding, and appliances; clothing and food provisions; up to 3 firearms totaling up to $3,000 in value (plus 1,000 rounds of ammunition per firearm); and tools of trade, implements, and professional instruments up to $4,000.

IRAs, 401(k)s, pensions, and other qualified retirement accounts are exempt from creditors to the extent reasonably necessary for the support of the debtor.

Wyoming limits wage garnishment to the lesser of 25% of disposable earnings or the amount by which weekly earnings exceed 30 times the federal minimum wage.