Navicore Solutions

Debt Management ProgramWe administer a Debt Management Program (DMP) for those individuals who require assistance in managing their finances and unsecured debt. We design and implement a repayment plan, communicate with creditors, and receipt and disburse funds to creditors on behalf of DMP clients.During the period, $86,133,516 in debt was repaid on behalf of our clients to their creditors.

Housing CounselingOur Housing Counseling services include pre-purchase, rental, default/foreclosure prevention, home equity conversion mortgage counseling and HECM default counseling. A certified housing counselor may also assist homeowners with negotiating a repayment plan, securing a loan modification or other possible solutions that will allow the homeowner to retain homeownership.

Budget Counseling & EducationA complete budget analysis is prepared for consumers experiencing budget, credit or debt related concerns. One on one counseling assesses the consumers monthly financial profile and facilitates guidance to resources. Our counseling model includes a thorough budget analysis and the development of an action plan supported by resources, recommendations and education material.During the period, we provided over 14,600 counseling sessions whereby a budget analysis, resources, information and guidance were afforded. In addition, an average of over 9,100 types of education material were delivered per month, excluding material distributed as part of our community outreach work and via our website.