Attorney Mike Wallace
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Attorney Mike Wallace
When dealing with creditors, you don't want to be unprotected and "go-it-alone". Creditors can easily file suit against you and use many other tactics to get what you owe them. Bankruptcy is your legal right and is safer overall. The word on the street is that bankruptcy is "the unpardonable sin". Nothing could be further from the truth.

I know you have many concerns and we are happy to discuss them all with you through our free consultation. Many people choose to consolidate their debt and make large payments while their credit continually drops. With bankruptcy, your credit does take an initial hit but continues to rise from the moment your debts are discharged.
Services
I have spent my career helping people just like you who are worn out and tired of all the financial burdens debt can cause. Whether you are in financial hot water because you lost your job, experienced a costly medical crisis, got a divorce, or you are just victim of circumstances beyond your control - I can get you back on your feet.
Chapter 7 bankruptcy is the most common and the simplest form of bankruptcy. Ninety-nine percent of the time there are no assets to liquidate in Chapter 7. If there are unprotected assets, the Chapter 7 Trustee will liquidate those assets and pay funds to the unsecured creditors. Individuals who seek relief using Chapter 7 must income qualify using the median income for your area.
A Chapter 13 is also commonly referred to as a reorganization bankruptcy. The secured and unsecured debts are restructured over a 36 to 60-month period. Generally, we would file a Chapter 13 if you were behind on a secured debt such as a mortgage, vehicle or IRS. Filing for bankruptcy can seem overwhelming - even discouraging.
When looking to rent in Longivew, TX you need to know that a landlord can legally refuse to rent you an apartment because of a prior bankruptcy in your credit report. However, if you are presently renting a home or an apartment, your present landlord will typically renew your lease without running an updated credit report, and will probably not know that you filed a bankruptcy.
Reviews (9)
Susan Imai
Susan Imai
Feb 12, 2021
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I was a few months short of qualifying for medicare health insurance. I was involved in a bicycle accident. I broke my hip and femur bone..There really is a problem in this country regarding the cost of healthcare. Jill and Mike Wallaced guided me through every step of the bankruptsy process, which helped me protect retirement assets that i had worked my whole life for. Not only was this a physically painful it was even much more mentally painful. I had always been a person who paid my bills. Jill was always available to answer questions and offer support and advice. This is a loving family law
Steve Legg
Steve Legg
Dec 07, 2020
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We were relatively new to town and need some legal help, used the internet to search for local a attorney. Mike was always very professional and kept us informed all the way through our process. Jill was on top of everything, either by text, e-mail or phone, she was quick to respond and handle anything that came up.
We would highly recommend them to everyone who needs their services.
Thank you!!!
Amber Stulken
Amber Stulken
Aug 16, 2020
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From the day I called his office I have been treated amazingly by both Mr. Wallace and his wife Jill. If I had ANY questions they were right there to answer them. My situation was a little different, but they were right there with me through this process making me feel so much more comfortable. I can not give them enough Thank yous or 5 star ratings for all they have done. I HIGHLY recommend Mr. Wallace to any one who may need his service.
Mydgie Ramirez
Mydgie Ramirez
Aug 06, 2020
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We contacted Attorney Mike Wallace for legal counsel and a lot of questions regarding a Chapter 7 bankruptcy. He and his wife Jill made time around our schedule and even chose a location near our residence making it easier for us. From the moment meetings both of them, we felt very comfortable and was explained the entire process of the bankruptcy. They kept us informed every step of the way beginning to end. They always returned our calls no matter the time and answered any questions we may have had. I highly recommend Jill and Mike Wallace to anyone looking for legal assistance. They are very
Shannan Besherse
Shannan Besherse
Jul 24, 2020
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Mike & Jill were great to work with. Most of my interactions were through Jill. She is absolutely wonderful. They answered all my questions and never seemed bothered when I contacted them with questions even when it was after business hours.
I chose them because they were not pushy when I initially contacted them asking about my options and their fee's were fair. If you find yourself in need of their services I highly recommend them.
Donna Morse
Donna Morse
Jul 02, 2020
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I was very nervous about going bankrupt because I didn’t know what to expect. I am very lucky that I found Mike Wallace to represent me. The whole process was very painless. I would recommend Mike to anyone that wants a great attorney in their time of need. He is very helpful and takes time to answer any questions you might hav3. Jill Wallace is the best too. She kept me informed about everything that was going to happen and also took the time to answer any questions that I had. Extremely happy I found them both.
Shari Williams
Shari Williams
Jun 15, 2020
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Positive: Professionalism, Quality, Responsiveness
Mike is an amazing attorney. He's thorough, knowledgeable, and extremely kind. His office staff held my hand through a tough time in my life and never judged me. I would not hesitate to recommend Mike to anyone, knowing they will be well taken care of.
Amberwolfdreamer
Amberwolfdreamer
Jan 12, 2020
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Mike Wallace represented me in my bankruptcy case which was a very hard decision to make. He listened to me and very quickly got started on determining what chapter I qualified for. Mr. Wallace is very professional and kind as is his wife, Jill, whom assisted with processing my paperwork. I would highly recommend Mike Wallace as an attorney to use. He is the best!
M. Martin
T. Bennett
T. Bennett
Nov 24, 2019
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I have known Mike for many years and have sought his advice and counsel on multiple occasions. Mike has been an attorney since the early nineties and his experience shows in his work. He can advise you how best to proceed when you find yourself in need of help. In addition to being a lawyer, Mike has also been a small business owner and as a result, brings real world knowledge to the table that others lack. He understands that good, hardworking people sometimes need a hand and will fight to help his clients overcome financial challenges. Mike and Jill are strong Christians who have a heart to work