Wyoming Bankruptcy Overview
Wyoming offers bankruptcy protections including a $40,000 homestead exemption. Wyoming does not allow you to choose federal exemptions—you must use Wyoming state exemptions.
2026 Wyoming Median Income
| Household Size | Annual Median Income |
|---|---|
| 1 Person | $68,147 |
| 2 People | $85,425 |
| 3 People | $102,547 |
| 4 People | $124,825 |
Wyoming Exemptions
Homestead Exemption: $40,000
Wyoming protects up to $40,000 of equity in your primary residence.
Vehicle Exemption: $5,000
Wyoming allows you to protect up to $5,000 of equity in one motor vehicle.
Personal Property
- Household Goods: Up to $4,000 for furniture, bedding, and household articles
- Jewelry: Up to $2,000 for wedding rings
- Tools of Trade: Up to $4,000 for library, implements, and tools of trade
- Retirement: Unlimited for qualified plans
Wyoming Bankruptcy Court
Cheyenne: 2120 Capitol Avenue, Cheyenne, WY 82001
Cost of Filing
Attorney fees in Wyoming: $950-$1,600 for Chapter 7; $2,600-$3,900 for Chapter 13.
Disclaimer: Consult with a licensed Wyoming bankruptcy attorney for advice specific to your situation.