INCHARGE INSTITUTE OF AMERICA INC

Educational program development/outreach - ici provided administrative support services to incharge education foundation (the "foundation") whose mission is to provide educational materials, programs, and outreach services for ids financially distressed individuals and families. The foundation fulfills this mission by publishing website articles, newsletters, online courses, interactive tools, and workshops that provide information about money management, personal finance and the responsible use of credit. The foundation, in conjunction with ids, also conducts free financial literacy workshops and homebuyer education classes for the general public.

Housing counseling and education - ici provides administrative support to ids in the area of housing counseling and education services. Ids is a local u.s. Department of housing and urban development ("hud") approved agency in the state of florida and a member of the national foundation for credit counseling ("nfcc"), which enables ids to serve consumers on a nationwide basis. Housing counseling services include foreclosure prevention, homebuyer education and pre-purchase homebuyer counseling. Foreclosure prevention is designed to provide existing borrowers with information and assistance needed to avoid foreclosure. Program highlights include budget planning, evaluation of eligibility for loan modification, assessment of ability to sustain home ownership and alternative housing options. Homebuyer education is designed to better prepare potential homeowners for homeownership. Participants examine their housing needs, analyze their financial situation and learn strategies to improve financial management in an effort to better prepare for homeownership. Participants also learn how to shop for a home, obtain a mortgage and prepare for life as a homeowner. Pre-purchase homebuyer counseling, a personal one-on-one session, is offered to provide education and tips to assist potential homebuyers in improving financial management skills and understanding alternative sources of funding and mortgage options.

Bankruptcy counseling/debtor education - ici provided administrative support to ids in the area of bankruptcy counseling and debtor education services. Bankruptcy legislation enacted by congress in 2005 requires individuals filing for bankruptcy to complete a bankruptcy credit counseling session prior to filing, and an instructional course in personal financial management (debtor education) prior to receiving a bankruptcy discharge. To offer convenient, on-demand access to this required content, ids provides interactive web-based and telephonic bankruptcy credit counseling and web-based debtor education programs. Both programs issue certificates to individuals who complete each program as required by the title 11 bankruptcy code.