Wyoming Exemptions :: Equal Justice Wyoming

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Wyoming Exemptions

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Major State Exemptions and Limits:

Homestead The homestead may consist of a house on a lot or lots or other lands, a farm consisting of any number of acres, or a house trailer or other moveable home which is being used as the residence of the debtor. Note: Tenancies by the entirety are exempt without limit as to debts of one spouse. Spouse or child of deceased owner may claim exemption. Joint owners may double. Wyo. Stat. §§ 1-20-101 through 1-20-104	Real Property up to $20,000
Clothing, including wedding rings Wyo. Stat. § 1-20-105	$2,000
Furniture, bedding, provisions and other household articles of any kind or character as the debtor may select. Wyo. Stat. § 1-20-106	Up to $4,000 per person
Other personal property Family bible, pictures and school books: Wyo. Stat. § 1-20-106 Burial lot: Wyo. Stat. § 1-20-106 Medical savings account contributions: Wyo. Stat. § 1-20-111 Pre-paid funeral contracts: Wyo. Stat. § 26-32-102
Firearms and ammunition Wyo. Stat. § 1-20-106	Up to $3,000 and 3 firearms; 1,000 rounds of ammunition per firearm
Tools of trade or profession Wyo. Stat. § 1-20-106	$4,000
Motor vehicles Wyo. Stat. § 1-20-106	$5,000
Wages (wage garnishment laws) Wyo. Stat. §§ 1-15-5111-15-408; Wyo. Stat. §§ 40-14-505 Special categories: Wages of inmates in adult community corrections program: Wyo. Stat. § 7-18-114 Wages of inmates in correctional industries program: Wyo. Stat. § 25-13-107 Earnings of National Guard members: Wyo. Stat. § 19-9-401	The greater of the following: 30 times the federal minimum hourly wage or minimum of 75% of disposable weekly earnings.
Life insurance proceeds Annuity contract proceeds to $350 per month: Wyo. Stat. § 26-15-132 Disability benefits (if clause prohibits proceeds from being used to pay beneficiary's creditors): Wyo. Stat. § 26-15-130 Fraternal benefit society benefits: Wyo. Stat. § 26-29-218 Group life or disability policy or proceeds, cash surrender & loan values, premiums waived, and dividends: Wyo. Stat. § 26-15-131 Individual life insurance policy proceeds, cash surrender & loan values, premiums waived, and dividends: Wyo. Stat. § 26-15-129 Life insurance proceeds held by insurer, if clause prohibits proceeds from being used to pay beneficiary's creditors: Wyo. Stat. § 26-15-133
Pensions and retirement savings Note: Federal bankruptcy law automatically exempts most tax-exempt pensions and retirement savings accounts from bankruptcy. 11 U.S.C. § 522(b)(3)(C). Private or public retirement funds & accounts, including IRAs, Roth IRAs and SEP IRAs: Wyo. Stat. § 1-20-110 Criminal investigators, highway officers: Wyo. Stat. § 9-3-620 Firefighters' death benefits: Wyo. Stat. § 15-5-209 Game & fish wardens: Wyo. Stat. § 9-3-620 Police officers: Wyo. Stat. § 15-5-313(c) Public employees: Wyo. Stat. § 9-3-426
Public benefits Crime victims' compensation: Wyo. Stat. § 1-40-113 General assistance: Wyo. Stat. § 42-2-113(b) Unemployment compensation: Wyo. Stat. § 27-3-319 Workers' compensation: Wyo. Stat. § 27-14-702

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Wyoming Exemptions