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Filing Bankruptcy in Wyoming
Find out about filing for bankruptcy under Wyoming bankruptcy laws and keep your home!
The economy today has necessitated many debtors to file for bankruptcy in the recent times, and so Wyoming bankruptcy filings are on the rise. Filing bankruptcy in Wyoming can be difficult, so it’s recommended for the debtor to avail some legal counseling from Wyoming bankruptcy attorneys before proceeding ahead with the bankruptcy proceedings. If your financial condition is out of control, Wyoming bankruptcy law can provide relief to you in terms of Wyoming Chapter 7 bankruptcy if you’re eligible for that, or alternatively filing for Wyoming Chapter 13 bankruptcy.
State exemptions in Wyoming
Federal bankruptcy exemptions not available in Wyoming.
Homestead
Real property occupied by you up to $10,000, or for your house trailer up to $6000 (joint owners can double).
Wages
A minimum of 75% comprising of disposable weekly earnings, or alternately 30 times of the federal hourly minimum wage, whichever is greater.
Wild card
None available.
Automobiles
For motor vehicles up to $2,400.
Misc.
Liquor licenses and malt beverage permits exemption.
Wyoming bankruptcy lawyer
The best option would be to appoint a Wyoming bankruptcy attorney and let him or her represent you in the bankruptcy court. Bankruptcy proceeding can be tough and trying, and Wyoming bankruptcy lawyers are the best professionals to represent you, and negotiate on your behalf with your creditors and the trustee appointed by the court. So contact your local bankruptcy lawyer and get professional help to file your bankruptcy.
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