If you are facing foreclosure in Wyoming, it’s important to understand some of the basics, including:
- the most common type of foreclosure procedure (judicial v. nonjudicial) used in Wyoming
- how much time you have to respond
- your rights and protections in the process, and
- what happens afterwards (for example, whether you’ll be liable for a deficiency judgment).
Below we have outlined some of the most important features of Wyoming foreclosure law. Keep in mind that this is just a summary; we’ve included statute citations so you can get more details from the laws themselves. And be sure to check out Nolo’s extensive Foreclosure section, where you can find information about all aspects of foreclosure, definitions of foreclosure terms (like redemption and reinstatement), and options to avoid foreclosure.
|Common type of foreclosure process||Nonjudicial: under power of sale in deed of trust|
|Time to respond||Nonjudicial: Foreclosing party must serve notice of intent to foreclose on homeowner 10 days before first publication of the notice of sale. Notice of sale must be published at least once a week for four weeks before sale and served on homeowner before date of first publication.|
|Reinstatement of loan before sale||No|
|Redemption after sale||Allowed for three months after sale|
|Special protections for foreclosures involving high-cost mortgages||None|
|Special state protections for service members||Wyo. Stat. Ann. §§ 19-11-101 to 19-11-124|
|Cash exempted in bankruptcy||None|
|Notice to leave after house is sold||No special provisions for evictions following foreclosure. New owner will likely have to go to court to get an eviction order. Court-ordered evictions usually take two weeks to a month, depending on whether or not former owner responds to the lawsuit.|
|Foreclosure statutes||Wyo. State Ann. §§ 34-4-101 to 34-4-113 (nonjudicial); §§ 1-18-101 to 1-18-114 (judicial)|