Area financial services business files for Chapter 11; CEO says reorganization on horizon

After decades in business, Kerrville, Texas-based HJH Consulting Group Inc. and its affiliated businesses filed for bankruptcy protection in the U.S. District Court for the Western District of Texas.

The group of businesses — which includes The Salt Group; U.S. Cost Management Partners, also known as US Tax Recovery Partners LLC; and The B2B Prospecting Source — filed for Chapter 11 on Apr. 2.

"A number of accounting irregularities placed the company in a position where filing for reorganization…

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