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Steven M.




Edwardsville, IL


Areas of Practice

  • Banking & Financial Services
  • Commercial
  • Corporate & Business
  • Creditors & Bankruptcy
  • Governmental & Civil Rights Law


  • St. Louis University School of Law, J.D., magna cum laude, 1988
  • Southern Illinois University at Edwardsville, M.B.A., 1987
  • St. Louis University, Bachelor of Arts in Philosophy, 1981


  • Illinois
  • Missouri
  • U.S. Court of Appeals for the 7th Circuit
  • U.S. District Courts for the
    • Southern and Central Districts of Illinois 
    • Eastern District of Missouri

Practice Description

Steven M. Wallace focuses his practice in the area of bankruptcy law, including:

  • Commercial and individual bankruptcy
  • Creditors’ rights and remedies
  • Debtors’ rights and remedies
  • Banking Law
  • Commercial Litigation
  • Asset protection planning
  • Creditor Committee representation;
  • Representation of Chapter 7 trustees;
  • Representation of parties in bankruptcy adversary proceedings, including matters involving preferential transfers and fraudulent conveyances
  • Enforcement of Judgments

Bar/Professional Associations

  • American Bankruptcy Institute
  • Bankruptcy Association of Southern Illinois
  • Illinois State Bar Association
    • Standing Committee on Legal Technology
  • Madison County Bar Association
  • The Missouri Bar
  • St. Clair County Bar Association
  • Southern Illinois Bankruptcy Institute
    • Board Member (1997 to 2002)
  • United States Bankruptcy Court for the Southern District of Illinois
    • Local Rules Committee

Awards, Honors & Distinctions

  • AV Preeminent Attorney® through Martindale-Hubble
  • Illinois Leading Lawyer (2009-2019)
  • Illinois Super Lawyer (2009, 2012)

Law School Honors/Involvement

  • Alpha Sigma Nu
  • Order of the Woolsack
  • Valedictorian

Legal Lectures & Presentations

  • Annual seminar, Bankruptcy Association of Southern Illinois (multiple years)
  • Annual seminar, Southern Illinois Bankruptcy Institute (multiple years)
  • “Basic Enforcement of Judgments,” Illinois Institute for Legal Education (1994-2017)
  • Bankruptcy seminar, National Business Institute (multiple years)