Guinn/Aspen attorneys among BK creditors

Jeff Guinn’s Aspen Financial owes creditors between $10 million and $50 million, according to the company’s Chapter 7 bankruptcy filing.  The company reports assets between $500,000 and $1 million.  The only secured creditor – the law firm of Bailey and Kennedy, owed $728,000 by Aspen/Guinn.  But Aspen’s insurance appears to be picking up a good chunk of the attorneys’ invoice.  


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