Wyo. Stat. § 40-14-503 (2026)

consumer credit sales.

     (a) This section applies to a consumer credit sale of
goods or services.

     (b) If the seller repossesses or voluntarily accepts
surrender of goods which were the subject of the sale and in
which he has a security interest and the cash price of the goods
repossessed or surrendered was one thousand dollars ($1,000.00)
or less, the buyer is not personally liable to the seller for
the unpaid balance of the debt arising from the sale of the
goods, and the seller is not obligated to resell the collateral.
     (c) If the seller repossesses or voluntarily accepts
surrender of goods which were not the subject of the sale but in
which he has a security interest to secure a debt arising from a
sale of goods or services or a combined sale of goods and
services and the cash price of the sale was one thousand dollars
($1,000.00) or less, the buyer is not personally liable to the
seller for the unpaid balance of the debt arising from the sale.

     (d) For the purpose of determining the unpaid balance of
consolidated debts or debts pursuant to revolving charge
accounts, the allocation of payments to a debt shall be
determined in the same manner as provided for determining the
amount of debt secured by various security interests (W.S.
40-14-243).

     (e) The buyer may be liable in damages to the seller if
the buyer has wrongfully damaged the collateral or if, after
default and demand, the buyer has wrongfully failed to make the
collateral available to the seller.

     (f) If the seller elects to bring an action against the
buyer for a debt arising from a consumer credit sale of goods or
services, when under this section he would not be entitled to a
deficiency judgment if he repossessed the collateral, and
obtains judgment:

          (i)   He may not repossess the collateral; and

          (ii) The collateral is not subject to levy or sale on
execution or similar proceedings pursuant to the judgment.