Which place’s debt rules apply—and who can help?

S_WY PASS-01 — Wyoming provider market access and consumer fees

Coordinator reference date: October 25, 2026, Pacific. Actual fresh source-access date: October 25, 2026, Pacific. Mode/model actually used: regular Chat, GPT-5.6 Sol Pro fallback; public web research; no Deep Research, Chrome control, other chats, private data, contacts, applications, or account changes.

Component boundary: This is the Wyoming provider-market-access and consumer-fees component only. It does not constitute acceptance of the full Wyoming dossier or A066, and it leaves the other parent-state dimensions expressly open.

Bottom-line determination

Wyoming’s current Chapter 14 is an outright prohibition, not a licensing statute. A nonexcluded person may not engage in fee-based debt adjusting. The operative definition expressly reaches both:

1. noncustodial efforts to adjust, compromise, or discharge debt; and
2. custodial debt-management or debt-pooling arrangements that receive debtor funds and disburse them to creditors.

Chapter 14 creates no debt-adjuster license, registration, regulator, application procedure, fee schedule, percentage ceiling, indexed amount, performance trigger, or state refund formula. It is therefore incorrect to describe Wyoming as allowing ordinary commercial debt settlement subject to a fee cap. It is also imprecise to call the state cap “zero”: the covered business itself is prohibited rather than licensed at a zero-dollar ceiling. W.S. 33-14-102(a) makes the business unlawful, and §33-14-103 supplies a misdemeanor penalty for each violation. Wyoming Legislative Services Office+1

The principal Chapter 14 carve-outs are conditional: a “tax exempt nonprofit consumer credit counseling service”; an individual admitted to the Wyoming bar; an all-Wyoming-bar copartnership or professional corporation; and, separately, situations in which debt adjusting is incurred in the practice of law in Wyoming. A nonprofit label, a bankruptcy-counseling listing, an attorney referral, a collection-agency license, an NMLS credential, or a fintech-sandbox application does not by itself establish authority to operate a commercial Wyoming debt-settlement program. Wyoming Legislative Services Office+2

Executive classification matrix

A. Substantive answers to the numbered scope questions

1. Definition and classification of covered conduct

1.1 Operative definition

W.S. 33-14-101(a)(ii) defines “debt adjusting” through a combination of named business categories—debt adjustment, budget counseling, debt management, and debt pooling—and conduct involving services to debtors in managing debt. It then identifies two operative fee-based functions:

• effecting an adjustment, compromise, or discharge of an account, note, or other indebtedness; or
• receiving value from the debtor and disbursing it to creditors.

The provision is functional. Calling a program “financial wellness,” “resolution,” “legal support,” “hardship advocacy,” “debt consulting,” or “credit counseling” does not alter the analysis if the actual contracted service and fee fall within §33-14-101(a)(ii)(A) or (B). Claims S_WY-P1-C001–C004. Wyoming Legislative Services Office+1

1.2 Principal reduction versus concession and distribution services

Principal reduction / settlement / negotiation. Contracting for compensation to obtain a compromise, reduced balance, discharge, or other alteration of indebtedness falls squarely within §33-14-101(a)(ii)(A). The statute does not require the provider to possess the consumer’s money. A conventional noncustodial settlement model is therefore covered even if all consumer funds remain in a consumer-owned bank account. S_WY-P1-C002. Wyoming Legislative Services Office

Interest-rate, late-fee, and payment-term concessions. Those are not separately itemized, but “adjustment” and “debt management” naturally encompass altering repayment terms. Federal law is not controlling on the state definition, but the federal tax-code definition of DMP services confirms that ordinary industry usage includes negotiating lower interest rates and fee waivers. No Wyoming appellate construction was located, so the precise outer boundary is moderate-confidence rather than adjudicated. S_WY-P1-C004. Wyoming Legislative Services Office+1

Custodial DMP or debt pooling. Receiving funds or another thing of value from the debtor and disbursing it to creditors is expressly covered by §33-14-101(a)(ii)(B). Custody is therefore an independent coverage route; it is not required for settlement coverage under subparagraph (A). S_WY-P1-C003. Wyoming Legislative Services Office

1.3 The fee-clause grammar is not perfectly resolved

The sentence can be parsed in two ways:

1. the “contracting with a debtor for a fee” language modifies all named debt-adjusting business; or
2. it modifies only the “holding oneself out” branch immediately preceding it.

No controlling Wyoming opinion or official interpretation resolving that grammar was located. The high-confidence core is narrower and sufficient for the commercial models at issue: an actual contract with a debtor for a fee to perform subparagraph (A) or (B) is covered.

Accordingly:

• a fee-based commercial settlement or DMP program is not a close case;
• purely gratuitous education or counseling with no adjustment contract is not safely classified as prohibited on the present evidence;
• a creditor-funded “fair-share” model with no debtor-paid or debtor-imposed fee remains a held boundary question;
• an indirectly imposed or affiliate-routed charge should not be assumed outside merely because the invoice uses another label.

S_WY-P1-C005. Wyoming Legislative Services Office+1

1.4 Consumer versus business-purpose debt

Unlike Wyoming’s collection-agency chapter, Chapter 14 contains no definition limiting “debtor” or “indebtedness” to personal, family, or household obligations. It speaks of “any account, note, or other indebtedness.” The literal text therefore does not create a business-debt exclusion. At the same time, §33-14-103 is penal, and no Wyoming decision was located applying Chapter 14 to a business debtor. A business-debt negotiation program should be treated as potentially covered, not conclusively outside. S_WY-P1-C006. Wyoming Legislative Services Office+1

The separate collection-agency act is instructively different: it expressly defines business debt and expressly addresses interstate collection communications. Those collection provisions cannot be imported into Chapter 14, but their specificity underscores that Chapter 14 itself supplies neither a consumer-purpose limitation nor a detailed remote-provider rule. Wyoming Legislative Services Office

1.5 Resident and remote-provider nexus

Chapter 14 does not say:

• that the debtor must reside in Wyoming;
• that the provider must maintain a Wyoming office;
• that contracting, solicitation, performance, or payment in Wyoming is sufficient;
• whether a contractual choice-of-law clause controls; or
• how the prohibition applies to a remote provider operating entirely from another state.

Serving and contracting with a Wyoming debtor, negotiating that debtor’s obligations, and collecting fees from that debtor creates an evident practical Wyoming connection, but the precise territorial test remains unresolved without controlling case law or an official Attorney General interpretation. Remote location is therefore not a verified safe harbor, but this pass does not claim unlimited extraterritorial reach. S_WY-P1-C007.

1.6 Self-creditor and institutional conduct

Chapter 14 contains no express blanket exclusion for banks, credit unions, licensed lenders, collection agencies, original creditors, government entities, or their affiliates. Nevertheless, an original creditor merely modifying its own receivable—without selling the debtor a separate debt-management service or charging a distinct adjustment fee—may fail the statutory service-and-fee elements. That is an outside-the-definition analysis, not a statutory exemption.

A creditor affiliate, lead generator, service company, or third party charging the debtor for negotiation cannot automatically inherit the creditor’s position. S_WY-P1-C029.

2. Prohibited, licensed, authorized, and conditionally excluded models

2.1 Nonexcluded debt-adjusting business: prohibited

W.S. 33-14-102(a) states that engaging in the business of debt adjusting is unlawful. Chapter 14 contains no application, license, registration, certificate, bond, commissioner, board, renewal, fee table, reciprocity provision, or waiver authority. This is a prohibition model, not a regulator-administered market-access model. S_WY-P1-C008. Wyoming Legislative Services Office+1

Section 33-14-103 makes a violating individual—or an officer, director, or employee of an entity—guilty of a misdemeanor upon conviction, with a maximum $100 fine, up to six months in county jail, or both, for each violation. This pass does not determine additional civil, consumer-protection, restitution, contract, or common-law consequences. S_WY-P1-C009. Wyoming Legislative Services Office

2.2 Conditional nonprofit exclusion

The definition of “person” excludes a tax-exempt nonprofit consumer credit counseling service. All descriptors matter:

• tax exempt;
• nonprofit; and
• actually a consumer credit counseling service.

“Nonprofit” in a company name, state incorporation as a nonprofit, U.S. Trustee approval for bankruptcy counseling, or a general educational mission does not by itself prove the complete exclusion. Wyoming does not define “tax exempt,” identify the relevant tax system, prescribe documentary evidence, or create a state recognition process. S_WY-P1-C010. Wyoming Legislative Services Office

The exclusion wording was enacted in 1989 Senate File 0133A, Enrolled Act 40, Chapter 92, effective June 8, 1989. That act amended the “person” definition; it did not enact a nonprofit licensing or fee schedule. Knowvation+1

For an organization relying on federal income-tax exemption where credit counseling is a substantial purpose, 26 U.S.C. §501(q) requires, among other things, tailored counseling, no refusal based on inability to pay or unwillingness to enroll in a DMP, reasonable fees, and a waiver policy for inability to pay. It generally prohibits debt-, payment-, or savings-percentage fees except to the extent state law allows them. Wyoming’s entity exclusion does not expressly say that a particular percentage fee is “allowed by State law,” and no controlling interpretation was located. An exact percentage-based nonprofit fee is therefore held, not affirmatively validated. S_WY-P1-C016. U.S. Code+1

2.3 Attorney and legal-practice exclusions

There are overlapping attorney provisions:

1. §33-14-101(a)(i) omits an individual admitted to the Wyoming bar and an all-Wyoming-bar copartnership or professional corporation from the definition of “person”; and
2. §33-14-102(b) separately says the act does not apply to debt-adjusting situations incurred in the practice of law in Wyoming.

The interaction between the status-based and situation-based clauses has no located Wyoming appellate construction. An individual Wyoming-bar member is textually excluded, but a nonlawyer provider does not become excluded merely by retaining, referring to, employing, or sharing revenue with a lawyer. S_WY-P1-C011. Wyoming Legislative Services Office+1

Wyoming’s authorized-practice rules recognize Wyoming Bar members, limited pro hac vice practice, specified clinical practice, and qualifying Rule 5.5(d) activity. They define legal practice through actual legal services, advice, or representative work in a client relationship. An out-of-state lawyer cannot simply establish a systematic Wyoming legal presence or hold out as admitted without authorization. Wyoming Judicial Branch+1

The statute’s entity language still names only copartnerships and professional corporations, while current Rule 10 permits lawyers to practice through sole proprietorships, partnerships, LLPs, professional corporations, nonprofit corporations, and LLCs. For a modern law-firm form not enumerated in §33-14-101(a)(i), the safer Chapter 14 basis is the actual-practice-of-law situation in §33-14-102(b), coupled with full compliance with the current court rules—not the mere presence of a lawyer’s name. Rule 10 became effective January 26, 2026. Wyoming Judicial Branch+1

Rule 5.4 limits fee sharing, nonlawyer ownership, nonlawyer partnerships involving legal practice, and outside control of professional judgment. Rule 5.5 restricts unauthorized and systematic out-of-state practice. Those rules defeat the premise that an attorney connection automatically shelters a nonlawyer debt-settlement platform. S_WY-P1-C019. Wyoming Judicial Branch+2

2.4 Banks, lenders, collection agencies, and other licenses

Wyoming’s current Division of Banking page identifies non-lender creditor registration and licenses for consumer lenders, sales finance companies, post-dated check cashers, and pawnbrokers. It directs those categories to NMLS. It does not identify a debt-adjuster or debt-settlement license. More importantly, none of those operational categories overrides §33-14-102. S_WY-P1-C013. Wyoming Banking Division+1

The Collection Agency Board provides a licensee list and collection-agency application process, but collection agencies are separately defined as businesses collecting debts for creditors or debts owed another. A collection-agency license is creditor-side authority and is not a debtor-side debt-adjustment license. S_WY-P1-C012. Wyoming Legislative Services Office+1

2.5 Financial technology sandbox

The sandbox’s waiver statute lists specified provisions in Titles 13, 17, and 40. Title 33, Chapter 14 is not on that list. Participants also remain subject to criminal and consumer-protection laws. Thus, a sandbox authorization cannot waive the Chapter 14 debt-adjuster prohibition. S_WY-P1-C014. Wyoming Legislative Services Office+1

The sandbox application requires a $500 governmental application fee, but that is neither a consumer charge nor a debt-adjuster licensing fee, and it does not create a Chapter 14 route. S_WY-P1-C030. Wyoming Legislative Services Office

3. Applicable fee structures, limits, indexing, and refunds

3.1 Covered nonexcluded provider

No fee structure is lawfully established under Chapter 14 for a nonexcluded provider. The chapter contains no:

• setup or enrollment allowance;
• monthly maintenance allowance;
• settlement or savings percentage;
• per-account amount;
• creditor remittance fee;
• aggregate cap;
• lower-debt exception;
• CPI or other adjustment mechanism;
• annual regulator notice;
• earned-fee credit formula;
• cancellation refund schedule; or
• partial-settlement allocation method.

The reason is not an omitted fee table inside a licensing scheme; the business is prohibited. S_WY-P1-C015. Wyoming Legislative Services Office+1

No current Wyoming debt-adjuster fee bulletin or administrative adjustment notice was located. A private multistate chart or dated industry table cannot supply permission or a ceiling absent operative Wyoming authority.

3.2 Conditional nonprofit service

Chapter 14 itself places no numeric fee ceiling on a qualifying excluded nonprofit because the entity is removed from the definition of covered “person.” That exclusion is not an affirmative declaration that every fee formula is lawful.

For a federally tax-exempt credit-counseling organization within §501(q):

• consumer fees must be reasonable;
• the organization must allow waiver where the consumer cannot pay; and
• percentage-of-debt, percentage-of-DMP-payment, and percentage-of-savings formulas are generally prohibited unless state law allows them.

Wyoming has not been verified to affirmatively allow a particular percentage. Fixed setup or monthly fees are not numerically capped by Chapter 14, but remain subject to the federal reasonableness and waiver conditions where §501(q) applies. S_WY-P1-C016. U.S. Code

3.3 Attorney fees

Chapter 14 contains no attorney fee ceiling. Wyoming Rule of Professional Conduct 1.5 instead prohibits unreasonable fees, lists reasonableness factors, and requires communication of the representation’s scope and fee basis or rate. A contingent arrangement must be written and state its calculation method. S_WY-P1-C017. Wyoming Judicial Branch+1

Paid but unearned legal fees and anticipated but unincurred expenses must be deposited in client trust and withdrawn only when earned or incurred. Upon termination, an attorney must refund any unearned advance payment. S_WY-P1-C018. Wyoming Judicial Branch+1

These professional rules do not negate independently applicable TSR or CROA timing. A lawyer cannot treat Rule 1.5 reasonableness or a state-law exclusion as federal advance-fee authorization.

4. When fees may be requested or received

4.1 Wyoming state timing

For a nonexcluded covered provider, Wyoming supplies no performance trigger because it supplies no lawful operating route. Completing negotiations, obtaining a creditor offer, receiving the consumer’s first deposit, or making a creditor payment does not convert the prohibited business into an authorized one. S_WY-P1-C015.

For a qualifying nonprofit, Chapter 14 supplies no state earned-fee trigger; federal tax-exemption requirements and other applicable law must be examined.

For a qualifying attorney, the state professional rule is an earned/incurred standard: an advance may be collected but must remain in trust until earned, and any unearned balance must be returned. Wyoming Judicial Branch+2

4.2 Federal TSR debt-relief timing—independent common context

Where the Telemarketing Sales Rule applies, “debt relief service” includes a represented service to renegotiate, settle, or otherwise alter an unsecured debt’s payment terms, balance, interest, or fees. S_WY-P1-C020. eCFR

Under 16 C.F.R. §310.4(a)(5), a covered seller or telemarketer may not request or receive a debt-relief fee until:

1. at least one debt has actually been altered under a valid agreement executed by the customer;
2. the customer has made at least one payment pursuant to that agreement; and
3. an individually adjusted debt fee uses one of the rule’s permitted allocation methods. S_WY-P1-C021. eCFR+1

The two allocation methods are:

• the same proportional relationship between the individual enrolled debt and the total enrolled debt; or
• the same percentage of actual savings for each individually resolved debt.

A provider may not switch methods debt by debt or count a prior fee against a different enrolled balance.

A qualifying dedicated account must be at an insured financial institution, owned by the customer, administered independently without referral compensation, and structured so the customer may withdraw from the debt-relief service without penalty. Within seven business days of the request, the customer must receive all account funds other than fees already earned under the federal trigger and allocation rules. S_WY-P1-C022. eCFR

The TSR does not cover every interaction. Truly unsolicited customer calls can fall within an exemption, but calls responding to debt-relief advertising or direct mail do not obtain the ordinary inbound-call exemption. Business-to-business calls are generally exempt, subject to the rule’s specified exceptions. S_WY-P1-C023. eCFR+1

Most importantly, the TSR is a federal restriction, not Wyoming permission. Satisfaction of §310.4(a)(5) cannot legalize a model that Wyoming independently prohibits.

4.3 Separate TSR credit-improvement timing

Where the seller represents that services will remove derogatory information or improve a credit record, history, or rating, §310.4(a)(2) is a separate rule. It bars payment until the represented timeframe for all services has expired and the seller has furnished a consumer report demonstrating the promised results, issued more than six months after those results were achieved. The provision also preserves the FCRA permissible-purpose requirement. S_WY-P1-C024. eCFR

This is separate from the TSR debt-relief trigger. A program making both settlement and credit-improvement representations may require analysis under both provisions.

4.4 Conditional CROA overlap

CROA applies only when its elements are met, including a paid service offered through interstate commerce or the mails for an express or implied credit-improvement purpose. It defines “consumer credit transaction” through personal, family, or household purposes and excludes specified §501(c)(3) nonprofits, creditors restructuring their own debt, and depository institutions or credit unions and certain affiliates. Debt settlement is not universally a credit-repair service. S_WY-P1-C025. U.S. Code

Where CROA applies:

• no fee may be charged or received before the agreed service is fully performed; and
• the consumer may cancel before midnight of the third business day without penalty.

CROA preserves noninconsistent state law; it does not displace Wyoming’s stricter prohibition. U.S. Code+2

5. Actual regulator permission, lookup, and application evidence

5.1 No Chapter 14 issuing regulator or application

Chapter 14 names no licensing authority and contains no application procedure. The Division of Banking’s current licensing page does not list debt adjustment or debt settlement among its license categories. The Collection Agency Board’s application and licensee list concern collection agencies, not debtor-side adjustment. S_WY-P1-C008, C012, C013. Wyoming Legislative Services Office+2

Therefore, there is no verified state debt-adjuster application or Wyoming debt-adjuster registry to consult. The absence of a webpage is not the primary legal reasoning—the statutory prohibition is.

5.2 Condition-specific verification tools

No named provider was tested, and no provider authorization is inferred from advertising, a directory entry, a bankruptcy list, or an unrelated license. S_WY-P1-C026.

6. Worked fee and boundary examples

The calculations below show classification and timing. A mathematically correct fee is not necessarily legally collectible.

Example E1 — Noncustodial commercial settlement fee

Inputs

• Enrolled debt: $8,000.00
• Contracted settlement fee: 18%
• Provider does not hold consumer funds

Operator

$8,000.00 × 0.18 = $1,440.00

Numeric result

$1,440.00

Legal result

The model contracts with a debtor for compensation to compromise or discharge indebtedness under §33-14-101(a)(ii)(A). For a nonexcluded provider, §33-14-102 prohibits the business. The $1,440.00 is therefore not a Wyoming-authorized fee. It is not converted into a lawful fee merely because a creditor later accepts an offer or because the federal TSR trigger is satisfied. C002, C008, C015, C021.

Units/rounding: dollars; rounded to cents.

Example E2 — Custodial DMP with setup and monthly fees

Inputs

• Setup fee: $50.00
• Monthly fee: $35.00
• Months: 12
• Consumer’s creditor payments: $600.00 per month

Operator

$50.00 + ($35.00 × 12) = $470.00

Numeric result

$470.00 in provider fees.

Legal result

Receiving debtor funds and disbursing them to creditors is expressly covered by §33-14-101(a)(ii)(B). A nonexcluded provider cannot make the arrangement lawful by reducing the fee, waiting until the first creditor payment, or describing the charge as administration. C003, C008, C015.

Example E3 — Lower-debt case

Inputs

• Debt: $600.00
• Proposed fee: 20%

Operator

$600.00 × 0.20 = $120.00

Legal result

No de minimis debt or fee exception was found in Chapter 14. The low balance does not create an ordinary commercial pathway. C002, C008, C015.

Example E4 — Conditional nonprofit fixed fees

Inputs

• Fixed setup fee: $25.00
• Monthly fee: $20.00
• Six months

Operator

$25.00 + ($20.00 × 6) = $145.00

Numeric result

$145.00

Legal result

The arithmetic does not establish legality. The organization must first be an actual tax-exempt nonprofit consumer credit counseling service. Chapter 14 neither caps nor expressly approves the $145.00. If §501(q) applies, the fees must be reasonable and waivable for inability to pay. If the consumer cannot pay, the implemented policy may require waiver, potentially reducing the consumer charge to $0.00. C010, C016.

A percentage-of-debt or savings formula is not used in this example because Wyoming has not been verified to affirmatively allow one for purposes of §501(q)(1)(C)(iii).

Example E5 — Attorney advance and cancellation

Inputs

• Advance legal fee deposited: $1,000.00
• Amount actually earned under a valid, reasonable engagement before termination: $300.00

Operator

$1,000.00 − $300.00 = $700.00

Result

• Earned amount: $300.00
• Unearned amount to refund: $700.00

Conditions

The unearned advance must have remained in client trust, and the $300.00 must genuinely have been earned under the engagement rather than declared earned merely by contract label. If the TSR or CROA applies, the federal rule may impose a later or stricter collection point. C017, C018, C021, C025.

Example E6 — Federal proportional method with prior earned fees

This is federal allocation arithmetic only for an independently lawful provider. It does not create a lawful commercial Wyoming provider.

Same enrolled balances throughout

Contracted total fee

20% × $10,000.00 = $2,000.00

The provider uses the proportional-enrolled-balance method for every debt.

Debt A

After a valid executed agreement and the consumer’s first payment:

($2,000 ÷ $10,000) × $2,000 = $400.00

Debt B

After its own valid executed agreement and first payment:

($3,000 ÷ $10,000) × $2,000 = $600.00

Reconciliation

• Previously earned on A: $400.00
• Newly earned on B: $600.00
• Cumulative earned: $1,000.00
• Debt C, no trigger: $0.00 earned
• Remaining unearned contracted fee: $1,000.00

No balance or method changed between debts, and the prior $400.00 is not deducted a second time.

Failure case: If B has only an informal creditor offer, no executed agreement, or no first consumer payment under that agreement, the fee for B is $0.00 at that point—not $600.00.

Example E7 — Dedicated-account cancellation without double deduction

Assume the E6 provider is independently lawful and the consumer withdraws from the debt-relief service.

Case 1: Current account balance is $1,300.00 and includes the $1,000.00 properly earned but not yet paid to the provider.

$1,300.00 − $1,000.00 = $300.00 returned within seven business days.

Case 2: Current account balance is $1,300.00 after the $1,000.00 earned fees were already removed.

Return: $1,300.00.

The provider may not subtract the same earned fee twice. The seven-business-day rule concerns funds currently in the account and excludes only fees actually earned under the prescribed trigger and allocation rules. C021, C022.

B. Source table

All sources below were accessed or checked on October 25, 2026, Pacific, unless a different source-current date is stated.

C. Claim table

D. Scope coverage and gap table

E. Researcher self-check

Actually read

I freshly read:

• the complete operative Wyoming Chapter 14 text in the official 2026 Title 33 compilation;
• the relevant collection-agency definition and licensing boundary in the same title;
• the scanned 1989 enrolled act and its visible effective date;
• the Title 40 sandbox waiver list, criminal-law preservation clause, application provisions, and $500 governmental fee;
• the current Division of Banking licensing page and Collection Agency Board page;
• current Wyoming attorney fee, trust-account, termination, fee-sharing, unauthorized-practice, authorized-practice, and business-entity provisions;
• the Wyoming lawyer-directory instruction;
• 26 U.S.C. §501(q);
• the IRS TEOS lookup page and U.S. Trustee Wyoming list;
• current eCFR §§310.2, 310.4, and 310.6; and
• CROA §§1679a, 1679b, 1679e, and 1679j.

For PDFs materially analyzed, page images were inspected in addition to parsed text, including the current statute pages, sandbox pages, attorney-rule pages, Rule 10 order, and 1989 enrolled act.

Searched but not established

Public official-domain searches were run for:

• Wyoming administrative rules mentioning debt adjusters or debt adjusting;
• Wyoming Judicial Branch opinions citing Chapter 14;
• Wyoming Attorney General materials citing Chapter 14;
• 2026 legislation amending §§33-14-101 through -103; and
• the original 1957 session act.

Those routes did not yield a responsive rule, controlling decision, AG opinion, 2026 amendment, or readable 1957 act during this pass. That is a qualified research result, not proof that no unindexed or commercial-database authority exists.

Not read or not done

I did not:

• recover or read 1957 Wyoming Session Laws, Chapter 159;
• use a paid citator, Lexis, Westlaw, Bloomberg, or purchased historical source;
• perform a complete unindexed trial-court docket search;
• determine a named provider’s status;
• run an IRS TEOS query for a named EIN;
• submit an application, contact an agency, or ask for an interpretive opinion;
• inspect private contracts or borrower information;
• complete the parent-state agreement, funds, bond, remedies, collection, litigation, limitations, sector, local, tribal, or case-law passes;
• create local files or claim publication readiness; or
• conduct an independent review of this response.

Pass conclusion: Wyoming currently presents a prohibition-based market-access rule for nonexcluded fee-based debt adjustment. No ordinary commercial licensing or fee-cap pathway was established. The conditional nonprofit and legal-practice routes require proof of their actual elements and remain subject to their own fee, professional, and federal constraints.

END S_WY PASS-01.