Steven M. Wallace
ATTORNEY AT LAW
Biography
Steven M. Wallace is a distinguished attorney known for his long-standing dedication to complex bankruptcy and commercial litigation. Over the years, Mr. Wallace has earned recognition as a reliable advisor to businesses, financial institutions, and fiduciaries facing intricate legal and financial issues. His practice focuses on challenging bankruptcy cases and commercial disputes, representing bankruptcy trustees, both secured and unsecured creditors, debtors, and creditors’ committees. His work covers a broad range of matters, including foreclosures, loan documentation and enforcement, debt restructuring, and large-scale commercial collections. Additionally, he is well regarded for providing guidance to corporate officers and directors on their fiduciary responsibilities and for assisting clients with strategic asset and business acquisitions.
Throughout his career, Mr. Wallace has gained significant expertise in insolvency law, creditor rights and remedies, debtor rights and remedies, and complex commercial transactions. He has also practiced in the areas of loan documentation, workout agreements, and advanced collection cases, which deepened his practical knowledge of finance and risk management. His prior banking experience as a lending officer and assistant vice president, gives him a business-focused outlook that continues to enhance his legal advice today.
Beyond his legal practice, Mr. Wallace is also committed to education, having been an active lecturer at continuing legal education programs and industry seminars for more than thirty years. With a career defined by practical insight, Steven M. Wallace is recognized as a trusted advisor in bankruptcy, collections, enforcement of judgments, and commercial law, consistently offering strategic and effective solutions to even the most challenging financial situations.
Professional Associations
- Illinois State Bar Association, Secretary of Section Council Commercial, Banking, Collection and Bankruptcy
- The Missouri Bar
- St. Clair County Bar Association
- Madison County Bar Association
- American Bankruptcy Institute
- Local Rules Committee, U.S. Bankruptcy Court for the Southern District of Illinois
- Bankruptcy Association of Southern Illinois
- Leading Lawyers Network, 2010 – Present
- Illinois Super Lawyers, 2009, 2012
- Subchapter V Trustee, United States Bankruptcy Courts for the Southern District of Illinois and the Eastern District of Missouri, 2020 – Present
Lectures & Legal Publications
- Illinois Institute for Continuing Legal Education, Enforcement of Judgments Seminars, 1994 – 2019
- Southern Illinois Bankruptcy Institute, Annually
- Bankruptcy Association of Southern Illinois, Annually
- National Business Institute, Multiple Seminars
- Illinois Credit Union League, Annual Attorney Conferences
- American Bankruptcy Institute, 7th Circuit Consumer Bankruptcy Conference, 2016
- Instructor, St. Louis Community College at Meramec, 1991 – 1992
Education Honors & Awards
- Valedictorian, St. Louis University School of Law, Class of 1988
- Order of the Woolsack, St. Louis University School of Law, 1988
- Alpha Sigma Nu, St. Louis University School of Law, 1988
- Jensen Scholarship, St. Louis University School of Law, 1986 to 1988
- Legal Research and Writing Teaching Assistant, St. Louis University School of Law
- Beta Gamma Sigma, Southern Illinois University, 1987
Practice Areas
- Bankruptcy and Restructuring
- Business and Transactions
- Commercial Collections
Bar Admissions
- Supreme Court of Illinois, 1988
- Supreme Court of Missouri, 1989
- United States District Court for the Southern District of Illinois, 1988
- United States District Court for the Eastern District of Missouri, 1990
- United States District Court for the Central District of Illinois, 1995
- United States District Court for the Northern District of Illinois, 2020
- United States Court of Appeals for the Seventh Circuit, 1991
- United States Court of Appeals for the Eighth Circuit, 2020
Education
- J.D., magna cum laude, Saint Louis University School of Law, 1988
- M.B.A., Southern Illinois University – Edwardsville, 1987
- B.A., Philosophy, Saint Louis University, 1981
Employment History
- Lashly & Baer, P.C.
Shareholder, 2026 – Present - Goldenberg Heller & Antognoli, P.C.
Attorney, 2021 – 2026 - Silver Lake Group, Ltd.
Attorney, 2020 – 2021 - HeplerBroom, LLC
Attorney, 2016 – 2020 - The Kunin Law Offices, LLC
Attorney, 2005 – 2015 - Blackwell Sanders Peper Martin LLP
Attorney, 2003 – 2005 - Greensfelder, Hemker & Gale
Attorney, 2002 – 2003 - Carr, Korein, Tillery, et al.
Attorney, 1988 – 2002