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Foreclosure Survival Guide
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Foreclosure Survival Guide (1st Edition)
| Topic | State Rule |
|---|---|
| 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.
Judicial: After foreclosing party files lawsuit, homeowner has 20 to 30 days to respond. |
| 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 |
| Deficiency judgments | Allowed |
| 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) |