Wyoming Foreclosure
Process
Wyoming
Statutes Annotated, Vol. 2, Sections 1-18-101 et seq.; Vol. 7,
Sections 34-4-102 et seq.
Judicial Foreclosure Available:
Yes
Non-judicial Foreclosure Available: No
Foreclosure by Advertisement
Wyoming permits the use of a deed of trust which
allows foreclosure by advertisement. The deed of trust names a
trustee who will conduct the foreclosure.
Preliminary Notices
Notice of the foreclosure must be published once a
week for four consecutive weeks in the newspaper for the county in
which the property is located.
Mailing
Notice must be mailed or delivered to the borrower
and the occupant at least ten days before the first publication of
ads in the newspapers.
Sale Procedures
The foreclosure sale must take place at public
auction between the hours of 9 A.M. and 5 P.M.
Judicial Foreclosure
In judicial foreclosure, the
lender forecloses by filing a lawsuit and obtaining a
court-ordered sale. There are no prescribed advertising procedures
on court-ordered sales, but they are usually advertised. The
sheriff usually conducts the sale. The sale takes place between
the hours of 10 A.M. and 5 P.M. The sheriff will
then issue a certificate of purchase to the high
bidder at public auction.
Deficiency A lender may sue for a deficiency if
there is a note associated with the mortgage or deed of trust, or
it contains a separate covenant to pay.
Redemption
Redemption is
permitted. | 
