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<title>Home Solutions of America Form 8-K by www.edgar2.com</title>



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<p align=center style='text-align:center'><b><font size="5">UNITED STATES<br>
SECURITIES AND EXCHANGE COMMISSION <br>
</font><font size="4">Washington</font></b><font size="4"><b>,
 D.C.</b></font><b><font size="4">&nbsp; 20549</font></b></p>



<p align=center style='text-align:center'><b>______________________</b></p>



<p align="center"><b><font size="5">FORM 8-K</font></b></p>

<p align=center style='text-align:center'><b>CURRENT REPORT <br>
Pursuant to Section 13 or 15(d) of the<br>
Securities Exchange Act of 1934</b></p>



<p align=center style='text-align:center'><b>______________________</b></p>





<p align=center style='text-align:center'>Date of Report (date of earliest event reported):&nbsp; <b>November
1, 2006</b></p>



<p align=center style='text-align:center'><b><font size="5">Home Solutions of America, Inc.<br>
</font></b><font size="2">(Exact Name of Registrant as Specified in its Charter)</font></p>



<p align=center style='text-align:center'><b>______________________________________________________________________________</b></p>



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			<td align="left"><b>Delaware</b> </td>
			<td align="center"> <b>001-31711</b></td>
			<td align="center"> <b>99-0273889</b></td>
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		<tr>
			<td align="left">

<p style='margin-top:0in;margin-bottom:
0in;margin-bottom:.0001pt;'>(State of Incorporation)&nbsp; </p>



			</td>
			<td align="center">(Commission File Number)</td>
			<td align="center">(IRS Employer Identification No.)</td>
		</tr>
	</table>
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<p align="center"><b>1500 Dragon Street, Suite B, Dallas, Texas 75207 <br>
(</b>Address of Principal Executive Offices<b>) </b>(Zip Code)</p>



<p>Registrant's Telephone
Number, Including Area Code:<b> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (214) 623-8446</b></p>



<p align=center style='text-align:center'><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </u><b><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<br>
</u></b>Former name or former address, if changed since last
report</p>



<p>Check the appropriate box
below if the Form 8-K filing is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):</p>



<p style="margin-top: 0; margin-bottom: 0.001pt">[&nbsp;&nbsp; ] Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p>

<p style="margin-top: 0; margin-bottom: 0.001pt">[&nbsp;&nbsp; ] Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</p>

<p style="margin-top: 0; margin-bottom: 0.001pt">[&nbsp;&nbsp; ] Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))</p>

<p style="margin-top: 0; margin-bottom: 0.001pt">[&nbsp;&nbsp; ] Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</p>
<p style="margin-top: 0; margin-bottom: 0.001pt">&nbsp;</p>
<p style="margin-top: 0; margin-bottom: 0.001pt">&nbsp;</p>
<p style="margin-top: 0; margin-bottom: 0.001pt">&nbsp;</p>
<p style="margin-top: 0; margin-bottom: 0.001pt">&nbsp;</p>



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<p style='text-align:justify'><b>Item
1.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Entry into a Material Definitive Agreement.&nbsp; </b></p>

<p style='text-align:justify'><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </b>On November 1, 2006, Home Solutions of America, Inc., a Delaware corporation (&quot;Home
Solutions&quot; or the &quot;Company&quot;) obtained a $60,000,000 credit facility from a
group of lenders (collectively, the &quot;Lenders&quot;) led by Texas Capital Bank, National
Association as the administrative agent (the &quot;Agent&quot;).&nbsp; The credit facility
provides for a $15,000,000 term loan (the &quot;Term Loan&quot;) and a line of credit of
up to $45,000,000 (the &quot;Line of Credit&quot;).&nbsp; The credit facility was established
under a Credit Agreement entered into among Home Solutions and the Lenders dated
November 1, 2006 (the &quot;Credit Agreement&quot;).&nbsp; The proceeds of the Term Loan were
used to refinance outstanding debt of Fireline Restoration, Inc. (&quot;Fireline&quot;),
a wholly-owned subsidiary of the Company.&nbsp; The proceeds of the Line of
Credit will be used primarily for working capital purposes.&nbsp; Each Lender's
commitment to fund its share of the Term Loan and the Line of Credit is
evidenced by a promissory note executed by Home Solutions in favor of such Lender.</p>

<p style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Home
Solutions can borrow, repay and reborrow principal under the Line of Credit
from time to time during its term.&nbsp; Revolving credit advances require a minimum
draw of $1,000,000.&nbsp; The amount of principal available to be drawn under the
Line of Credit may not exceed the borrowing base, less the sum of (a)
outstanding principal drawn under the Line of Credit, plus (b) the outstanding
principal amount of the Term Loan, plus (c) the aggregate amount of all outstanding
letters of credit.&nbsp; For purposes of the Credit Agreement, the &quot;borrowing base&quot;
is defined for each period of determination as the sum of (a) 80% of the value
of eligible accounts receivable, plus (b) 50% of the value of certain
designated receivables through June 30, 2007, plus (c) the lesser of (i)
$5,000,000 and (ii) 50% of the value of eligible inventory.&nbsp; Eligible
accounts receivable includes accounts receivable generated in the ordinary
course of business that satisfy the Agent's conditions, and excludes certain
unacceptable accounts receivable, such as accounts more than 180 days past due.&nbsp;
Eligible inventory includes granite materials held for sale in the ordinary
course of business, valued at the lower of cost or fair market value, excluding
inventory that does not meet the Agent's standards.&nbsp; </p>



<p style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The annual interest rate on the Term Loan and the Line of Credit is equal to the
higher of (a) the prime rate of interest as quoted in the Wall Street Journal,
less 25 basis points (0.25%) for periods prior to June 30, 2007, and less 50
basis points (0.50%) for periods after June 30, 2007, or (b) the
federal funds rate, as published by the Federal Reserve Bank of New York, plus
25 basis points (0.25%) for periods prior to June 30, 2007.&nbsp;&nbsp; Accrued
interest payments on the outstanding principal balance of the Line of Credit
are due quarterly.&nbsp; Principal under the Line of Credit is due at maturity, or
November 1, 2009. Payments on the Term Loan, consisting of $1,250,000 in principal
and accrued interest, are due quarterly beginning January 1, 2007.&nbsp; The credit
facility expires, and all outstanding obligations under the Line of Credit and
the Term Loan must be repaid to the Lenders, on the maturity date of November
1, 2009.</p>

<p style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In
consideration of the Lenders originating the credit facility, Home Solutions
paid the Lenders a origination fee in the amount of $125,000.&nbsp; Home Solutions
is also obligated to pay an unused facility fee on the daily average unused
amount of the Line of Credit equal to fifty basis points (0.50%) per annum,
calculated and payable quarterly in arrears.</p>










<p style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Lenders agreed to issue letters of credit under the Line of Credit to fund
bonding required for certain reconstruction projects in an amount not to exceed
$7,500,000 in the aggregate, subject to the sum of (a) cash advanced under the
Line of Credit, plus (b) amounts outstanding under the Term Note, plus (c) the
aggregate amount of all outstanding letters of credit, not being in excess of
the borrowing base.&nbsp; Pursuant to the terms of the Credit Agreement, for each
letter of credit issued by the Lenders, Home Solutions agrees to pay an annual
letter of credit fee equal to 2.0% of the face amount of the letter of credit,
but not less than $5,000, plus other fees charged under the Lenders'
then-current policies.</p>



<p style='text-align:justify'>&nbsp;</p>
<p style='text-align:justify'>&nbsp;</p>



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<p style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Line of Credit and Term Loan are secured by substantially all of the assets of Home
Solutions and its subsidiaries and the capital stock of such subsidiaries pursuant
to a Pledge and Security Agreement (the &quot;Security Agreement&quot;).&nbsp; The Line of
Credit and Term Loan are guaranteed by the subsidiaries of Home Solutions
pursuant to a Guaranty Agreement (the &quot;Guaranty Agreement&quot;).</p>

<p style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Credit Agreement contains covenants, including financial covenants, with which
Home Solutions and its subsidiaries must comply.&nbsp; The financial covenants
include a current assets to current liabilities ratio, a debt service coverage
ratio, a maximum leverage amount, and a limit on annual capital expenditures.&nbsp;
With certain exceptions, Home Solutions is prohibited under the Credit
Agreement from incurring or permitting its subsidiaries to incur any debt or permitting
any liens to be placed on its assets or the assets of its subsidiaries.&nbsp; Home
Solutions also agreed, with certain exceptions, not to take or permit its
subsidiaries to take certain actions without the consent of a supermajority of
the Lenders, including becoming a party to a merger or consolidation, acquiring
assets, and issuing securities.&nbsp; </p>



<p style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If
a default occurs under the Credit Agreement for Home Solutions' failure to pay
any amount when due, Home Solutions' breach of the Credit Agreement or another
event of default, the Lenders may declare the credit facility to be due and
payable immediately.&nbsp; In such event, the Lenders may exercise any rights or
remedies it may have, including foreclosure of Home Solutions' assets or the
capital stock of Home Solutions' subsidiaries, under the Security Agreement or
enforcement of its rights under the Guaranty Agreement.&nbsp; Any such event may
materially impair Home Solutions' ability to conduct its business.</p>



<p style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brian
Marshall, a director of Home Solutions and the President of Fireline, agreed to
subordinate the indebtedness owed to him by Home Solutions under an outstanding
promissory note in the principal amount of $21,650,000.00 to the Lenders,
pursuant to a subordination agreement entered into by him in favor of the
Lenders. </p>



<p style='text-autospace:ideograph-numeric ideograph-other'><b>Item 9.01&nbsp;&nbsp;&nbsp;&nbsp;Financial
Statements and Exhibits.</b></p>

<p style='text-autospace:ideograph-numeric ideograph-other'><b>(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exhibits.</b></p>












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<table class=MsoTableGrid border=0 cellpadding=0
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  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.1</p>
  </td>
  <td width=1039 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>Credit Agreement among Home Solutions of America,
  Inc., Texas Capital Bank, National Association, Amegy Bank, N.A., Bank of
  Oklahoma, NA, and Compass Bank, dated as of November 1, 2006.</p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.2</p>
  </td>
  <td width=1039 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>
	Promissory Note Revolving Credit Commitment issued by Home Solutions of
	America, Inc., to the order of Texas Capital Bank, National Association in
	the principal amount of $22,500,000 dated November
  1, 2006.</p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.3</p>
  </td>
  <td width=1039 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>Promissory Note Revolving Credit Commitment issued
  by Home Solutions of America, Inc., to the order of Amegy Bank, N.A. in the
	principal amount of $11,250,000 dated November 1, 2006.</p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.4</p>
  </td>
  <td width=1039 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>
	Promissory Note Revolving Credit Commitment issued by Home Solutions of
	America, Inc., to the order of Bank of Oklahoma, NA in the principal amount
	of $3,748,500 dated November 1, 2006.</p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.5</p>
  </td>
  <td width=1039 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>
	Promissory Note Revolving Credit Commitment issued by Home Solutions of
	America, Inc., to the order of Compass Bank in the principal amount of
	$7,501,500 dated November 1, 2006.</p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.6</p>
  </td>
  <td width=1039 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>
	Promissory Note Term Loan Commitment issued by Home Solutions of America,
	Inc., to the order of Texas Capital Bank, National Association in the
	principal amount of $7,500,000 dated November 1, 2006.</p>
  </td>
 </tr>
</table>





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	<p>&nbsp;</p>
	<p>3</p>
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<table class=MsoTableGrid border=0 cellpadding=0
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  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.7</p>
  </td>
  <td width=1041 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>Promissory Note Term Loan Commitment issued by Home
  Solutions of America, Inc., to the order of Amegy Bank, N.A. in the principal
	amount of $3,750,000 dated November 1, 2006.</p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.8</p>
  </td>
  <td width=1041 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>
	Promissory Note Term Loan Commitment issued by Home Solutions of America,
	Inc., to the order of Bank of Oklahoma, NA in the principal amount of
	$1,251,500 dated November 1, 2006.</p>
  </td>
 </tr>
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  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.9</p>
  </td>
  <td width=1041 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>
	Promissory Note Term Loan Commitment issued by Home Solutions of America,
	Inc., to the order of Compass Bank in the principal amount of $2,498,500 dated November 1, 2006.</p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.10</p>
  </td>
  <td width=1041 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>Pledge and Security Agreement among Home Solutions
  of America, Inc., Cornerstone Marble &amp; Granite, Inc., Fiber-Seal Systems,
  L.P., Fireline Restoration, Inc., Home Solutions Restoration of Louisiana,
  Inc., P.W. Stephens, Inc., Southern Exposure Unlimited of Florida, Inc., S.E.
  Tops of Florida, Inc., FSS Holding Corp. and Southern Exposure Holdings, Inc.
  for the benefit of Texas Capital Bank, National Association, dated November 1,
  2006.</p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.11</p>
  </td>
  <td width=1041 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>Guaranty Agreement among Cornerstone Marble &amp;
  Granite, Inc., Fiber-Seal Systems, L.P., Home Solutions Restoration of
  Louisiana, Inc., P.W. Stephens, Inc., Southern Exposure Unlimited of Florida,
  Inc., S.E. Tops of Florida, Inc., FSS Holding Corp., Southern Exposure
  Holdings, Inc. and Fireline Restoration, Inc., for the benefit of Texas
  Capital Bank, National Association, dated November 1, 2006.</p>
  </td>
 </tr>
</table>





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<p style='text-align:justify;line-height:12.0pt'><b>FORWARD LOOKING STATEMENTS</b></p>



<p style='text-align:justify;line-height:12.0pt'>This Current Report on Form 8-K, including the Exhibits
attached hereto, contain forward-looking statements made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995 under
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. </p>



<p style='text-align:justify'>Forward-looking
statements include statements with respect to our beliefs, plans, objectives,
goals, expectations, anticipations, assumptions, estimates, intentions, and
future performance, and involve known and unknown risks, uncertainties and
other factors, which may be beyond our control, and which may cause our actual
results, performance or achievements to be materially different from future
results, performance or achievements expressed or implied by such
forward-looking statements. All statements other than statements of historical
fact are statements that could be forward-looking statements. You can identify
these forward-looking statements through our use of words such as
&quot;may,&quot; &quot;will,&quot; &quot;can&quot; &quot;anticipate,&quot;
&quot;assume,&quot; &quot;should,&quot; &quot;indicate,&quot;
&quot;would,&quot; &quot;believe,&quot; &quot;contemplate,&quot;
&quot;expect,&quot; &quot;seek,&quot; &quot;estimate,&quot; &quot;continue,&quot;
&quot;plan,&quot; &quot;point to,&quot; &quot;project,&quot;
&quot;predict,&quot; &quot;could,&quot; &quot;intend,&quot; &quot;target,&quot;
&quot;potential,&quot; and other similar words and expressions of the future.
Forward-looking statements may not be realized due to a variety of factors,
including, without limitation, future economic, competitive and market
conditions, regulatory framework, and future business decisions, and the other
factors referenced in our Quarterly Report on Form 10-QSB for the quarter ended
June 30, 2006, which contains a list of specific risk factors that could cause
actual results to differ materially from those indicated by our forward-looking
statements made in this Current Report on
Form 8-K, including the Exhibits attached hereto.</p>
<p style='text-align:justify'>&nbsp;</p>
<p style='text-align:justify'>&nbsp;</p>
<p style='text-align:justify'>&nbsp;</p>



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<p align=center style='text-align:center'><b>SIGNATURES</b></p>



<p style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.</p>



<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
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			<td width="36%">&nbsp;</td>
			<td colspan="2">&nbsp;Home Solutions of America, Inc.</td>
		</tr>
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			<td width="36%">&nbsp;</td>
			<td width="12%">&nbsp;</td>
			<td width="51%">&nbsp;</td>
		</tr>
		<tr>
			<td width="36%">Date:&nbsp; November 7, 2006</td>
			<td width="12%">&nbsp;</td>
			<td width="51%">







<p>By:&nbsp;
<i><u>&nbsp;&nbsp;&nbsp;&nbsp;/s/ Jeffrey M. Mattich&nbsp;&nbsp; </u></i><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<br>
</u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Name:&nbsp; Jeffrey M. Mattich<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Title:&nbsp; Chief Financial Officer</p>
			</td>
		</tr>
	</table>
</div>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>



















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  <p>5</p>
  </td>
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<p align=center style='text-align:center'><b><u>Exhibit Index</u></b></p>



<div align="left">



<table class=MsoTableGrid border=0 cellpadding=0
 style='border-collapse:collapse' width="100%">
 <tr>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.1</p>
  </td>
  <td width=1053 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>Credit Agreement among Home Solutions of America,
  Inc., Texas Capital Bank, National Association, Amegy Bank, N.A., Bank of
  Oklahoma, NA, and Compass Bank, dated as of November 1, 2006.</p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.2</p>
  </td>
  <td width=1053 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>
	Promissory Note Revolving Credit Commitment issued by Home Solutions of
	America, Inc., to the order of Texas Capital Bank, National Association in
	the principal amount of $22,500,000 dated November
  1, 2006.</p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.3</p>
  </td>
  <td width=1053 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>Promissory Note Revolving Credit Commitment issued
  by Home Solutions of America, Inc., to the order of Amegy Bank, N.A. in the
	principal amount of $11,250,000 dated November 1, 2006.</p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.4</p>
  </td>
  <td width=1053 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>
	Promissory Note Revolving Credit Commitment issued by Home Solutions of
	America, Inc., to the order of Bank of Oklahoma, NA in the principal amount
	of $3,748,500 dated November 1, 2006.</p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.5</p>
  </td>
  <td width=1053 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>
	Promissory Note Revolving Credit Commitment issued by Home Solutions of
	America, Inc., to the order of Compass Bank in the principal amount of
	$7,501,500 dated November 1, 2006.</p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.6</p>
  </td>
  <td width=1053 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>
	Promissory Note Term Loan Commitment issued by Home Solutions of America,
	Inc., to the order of Texas Capital Bank, National Association in the
	principal amount of $7,500,000 dated November 1, 2006.</p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.7</p>
  </td>
  <td width=1053 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>Promissory Note Term Loan Commitment issued by Home
  Solutions of America, Inc., to the order of Amegy Bank, N.A. in the principal
	amount of $3,750,000 dated November 1, 2006.</p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.8</p>
  </td>
  <td width=1053 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>
	Promissory Note Term Loan Commitment issued by Home Solutions of America,
	Inc., to the order of Bank of Oklahoma, NA in the principal amount of
	$1,251,500 dated November 1, 2006.</p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.9</p>
  </td>
  <td width=1053 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>
	Promissory Note Term Loan Commitment issued by Home Solutions of America,
	Inc., to the order of Compass Bank in the principal amount of $2,498,500 dated November 1, 2006.</p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.10</p>
  </td>
  <td width=1053 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>Pledge and Security Agreement among Home Solutions
  of America, Inc., Cornerstone Marble &amp; Granite, Inc., Fiber-Seal Systems,
  L.P., Fireline Restoration, Inc., Home Solutions Restoration of Louisiana,
  Inc., P.W. Stephens, Inc., Southern Exposure Unlimited of Florida, Inc., S.E.
  Tops of Florida, Inc., FSS Holding Corp. and Southern Exposure Holdings, Inc.
  for the benefit of Texas Capital Bank, National Association, dated November
  1, 2006.</p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' nowrap>
  <p style='text-autospace:ideograph-numeric ideograph-other'>Exhibit 10.11</p>
  </td>
  <td width=1053 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:ideograph-numeric ideograph-other'>Guaranty Agreement among Cornerstone Marble &amp;
  Granite, Inc., Fiber-Seal Systems, L.P., Home Solutions Restoration of
  Louisiana, Inc., P.W. Stephens, Inc., Southern Exposure Unlimited of Florida,
  Inc., S.E. Tops of Florida, Inc., FSS Holding Corp., Southern Exposure
  Holdings, Inc. and Fireline Restoration, Inc., for the benefit of Texas
  Capital Bank, National Association, dated November 1, 2006.</p>
  </td>
 </tr>
</table>





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Home Solutions of America Form 8-K by www.edgar2.com
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington
,
 D.C.
20549
______________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
______________________
Date of Report (date of earliest event reported):
November
1, 2006
Home Solutions of America, Inc.
(Exact Name of Registrant as Specified in its Charter)
______________________________________________________________________________
Delaware
001-31711
99-0273889
(State of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
1500 Dragon Street, Suite B, Dallas, Texas 75207
(
Address of Principal Executive Offices
)
(Zip Code)
Registrant's Telephone
Number, Including Area Code:
(214) 623-8446
Former name or former address, if changed since last
report
Check the appropriate box
below if the Form 8-K filing is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
[   ] Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[   ] Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[   ] Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
[   ] Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item
1.01.       Entry into a Material Definitive Agreement.
On November 1, 2006, Home Solutions of America, Inc., a Delaware corporation ("Home
Solutions" or the "Company") obtained a $60,000,000 credit facility from a
group of lenders (collectively, the "Lenders") led by Texas Capital Bank, National
Association as the administrative agent (the "Agent").  The credit facility
provides for a $15,000,000 term loan (the "Term Loan") and a line of credit of
up to $45,000,000 (the "Line of Credit").  The credit facility was established
under a Credit Agreement entered into among Home Solutions and the Lenders dated
November 1, 2006 (the "Credit Agreement").  The proceeds of the Term Loan were
used to refinance outstanding debt of Fireline Restoration, Inc. ("Fireline"),
a wholly-owned subsidiary of the Company.  The proceeds of the Line of
Credit will be used primarily for working capital purposes.  Each Lender's
commitment to fund its share of the Term Loan and the Line of Credit is
evidenced by a promissory note executed by Home Solutions in favor of such Lender.
Home
Solutions can borrow, repay and reborrow principal under the Line of Credit
from time to time during its term.  Revolving credit advances require a minimum
draw of $1,000,000.  The amount of principal available to be drawn under the
Line of Credit may not exceed the borrowing base, less the sum of (a)
outstanding principal drawn under the Line of Credit, plus (b) the outstanding
principal amount of the Term Loan, plus (c) the aggregate amount of all outstanding
letters of credit.  For purposes of the Credit Agreement, the "borrowing base"
is defined for each period of determination as the sum of (a) 80% of the value
of eligible accounts receivable, plus (b) 50% of the value of certain
designated receivables through June 30, 2007, plus (c) the lesser of (i)
$5,000,000 and (ii) 50% of the value of eligible inventory.  Eligible
accounts receivable includes accounts receivable generated in the ordinary
course of business that satisfy the Agent's conditions, and excludes certain
unacceptable accounts receivable, such as accounts more than 180 days past due. 
Eligible inventory includes granite materials held for sale in the ordinary
course of business, valued at the lower of cost or fair market value, excluding
inventory that does not meet the Agent's standards.
The annual interest rate on the Term Loan and the Line of Credit is equal to the
higher of (a) the prime rate of interest as quoted in the Wall Street Journal,
less 25 basis points (0.25%) for periods prior to June 30, 2007, and less 50
basis points (0.50%) for periods after June 30, 2007, or (b) the
federal funds rate, as published by the Federal Reserve Bank of New York, plus
25 basis points (0.25%) for periods prior to June 30, 2007.   Accrued
interest payments on the outstanding principal balance of the Line of Credit
are due quarterly.  Principal under the Line of Credit is due at maturity, or
November 1, 2009. Payments on the Term Loan, consisting of $1,250,000 in principal
and accrued interest, are due quarterly beginning January 1, 2007.  The credit
facility expires, and all outstanding obligations under the Line of Credit and
the Term Loan must be repaid to the Lenders, on the maturity date of November
1, 2009.
In
consideration of the Lenders originating the credit facility, Home Solutions
paid the Lenders a origination fee in the amount of $125,000.  Home Solutions
is also obligated to pay an unused facility fee on the daily average unused
amount of the Line of Credit equal to fifty basis points (0.50%) per annum,
calculated and payable quarterly in arrears.
The
Lenders agreed to issue letters of credit under the Line of Credit to fund
bonding required for certain reconstruction projects in an amount not to exceed
$7,500,000 in the aggregate, subject to the sum of (a) cash advanced under the
Line of Credit, plus (b) amounts outstanding under the Term Note, plus (c) the
aggregate amount of all outstanding letters of credit, not being in excess of
the borrowing base.  Pursuant to the terms of the Credit Agreement, for each
letter of credit issued by the Lenders, Home Solutions agrees to pay an annual
letter of credit fee equal to 2.0% of the face amount of the letter of credit,
but not less than $5,000, plus other fees charged under the Lenders'
then-current policies.
2
The
Line of Credit and Term Loan are secured by substantially all of the assets of Home
Solutions and its subsidiaries and the capital stock of such subsidiaries pursuant
to a Pledge and Security Agreement (the "Security Agreement").  The Line of
Credit and Term Loan are guaranteed by the subsidiaries of Home Solutions
pursuant to a Guaranty Agreement (the "Guaranty Agreement").
The
Credit Agreement contains covenants, including financial covenants, with which
Home Solutions and its subsidiaries must comply.  The financial covenants
include a current assets to current liabilities ratio, a debt service coverage
ratio, a maximum leverage amount, and a limit on annual capital expenditures. 
With certain exceptions, Home Solutions is prohibited under the Credit
Agreement from incurring or permitting its subsidiaries to incur any debt or permitting
any liens to be placed on its assets or the assets of its subsidiaries.  Home
Solutions also agreed, with certain exceptions, not to take or permit its
subsidiaries to take certain actions without the consent of a supermajority of
the Lenders, including becoming a party to a merger or consolidation, acquiring
assets, and issuing securities.
If
a default occurs under the Credit Agreement for Home Solutions' failure to pay
any amount when due, Home Solutions' breach of the Credit Agreement or another
event of default, the Lenders may declare the credit facility to be due and
payable immediately.  In such event, the Lenders may exercise any rights or
remedies it may have, including foreclosure of Home Solutions' assets or the
capital stock of Home Solutions' subsidiaries, under the Security Agreement or
enforcement of its rights under the Guaranty Agreement.  Any such event may
materially impair Home Solutions' ability to conduct its business.
Brian
Marshall, a director of Home Solutions and the President of Fireline, agreed to
subordinate the indebtedness owed to him by Home Solutions under an outstanding
promissory note in the principal amount of $21,650,000.00 to the Lenders,
pursuant to a subordination agreement entered into by him in favor of the
Lenders.
Item 9.01    Financial
Statements and Exhibits.
(D)       Exhibits.
Exhibit 10.1
Credit Agreement among Home Solutions of America,
  Inc., Texas Capital Bank, National Association, Amegy Bank, N.A., Bank of
  Oklahoma, NA, and Compass Bank, dated as of November 1, 2006.
Exhibit 10.2
Promissory Note Revolving Credit Commitment issued by Home Solutions of
	America, Inc., to the order of Texas Capital Bank, National Association in
	the principal amount of $22,500,000 dated November
  1, 2006.
Exhibit 10.3
Promissory Note Revolving Credit Commitment issued
  by Home Solutions of America, Inc., to the order of Amegy Bank, N.A. in the
	principal amount of $11,250,000 dated November 1, 2006.
Exhibit 10.4
Promissory Note Revolving Credit Commitment issued by Home Solutions of
	America, Inc., to the order of Bank of Oklahoma, NA in the principal amount
	of $3,748,500 dated November 1, 2006.
Exhibit 10.5
Promissory Note Revolving Credit Commitment issued by Home Solutions of
	America, Inc., to the order of Compass Bank in the principal amount of
	$7,501,500 dated November 1, 2006.
Exhibit 10.6
Promissory Note Term Loan Commitment issued by Home Solutions of America,
	Inc., to the order of Texas Capital Bank, National Association in the
	principal amount of $7,500,000 dated November 1, 2006.
3
Exhibit 10.7
Promissory Note Term Loan Commitment issued by Home
  Solutions of America, Inc., to the order of Amegy Bank, N.A. in the principal
	amount of $3,750,000 dated November 1, 2006.
Exhibit 10.8
Promissory Note Term Loan Commitment issued by Home Solutions of America,
	Inc., to the order of Bank of Oklahoma, NA in the principal amount of
	$1,251,500 dated November 1, 2006.
Exhibit 10.9
Promissory Note Term Loan Commitment issued by Home Solutions of America,
	Inc., to the order of Compass Bank in the principal amount of $2,498,500 dated November 1, 2006.
Exhibit 10.10
Pledge and Security Agreement among Home Solutions
  of America, Inc., Cornerstone Marble & Granite, Inc., Fiber-Seal Systems,
  L.P., Fireline Restoration, Inc., Home Solutions Restoration of Louisiana,
  Inc., P.W. Stephens, Inc., Southern Exposure Unlimited of Florida, Inc., S.E.
  Tops of Florida, Inc., FSS Holding Corp. and Southern Exposure Holdings, Inc.
  for the benefit of Texas Capital Bank, National Association, dated November 1,
  2006.
Exhibit 10.11
Guaranty Agreement among Cornerstone Marble &
  Granite, Inc., Fiber-Seal Systems, L.P., Home Solutions Restoration of
  Louisiana, Inc., P.W. Stephens, Inc., Southern Exposure Unlimited of Florida,
  Inc., S.E. Tops of Florida, Inc., FSS Holding Corp., Southern Exposure
  Holdings, Inc. and Fireline Restoration, Inc., for the benefit of Texas
  Capital Bank, National Association, dated November 1, 2006.
FORWARD LOOKING STATEMENTS
This Current Report on Form 8-K, including the Exhibits
attached hereto, contain forward-looking statements made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995 under
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended.
Forward-looking
statements include statements with respect to our beliefs, plans, objectives,
goals, expectations, anticipations, assumptions, estimates, intentions, and
future performance, and involve known and unknown risks, uncertainties and
other factors, which may be beyond our control, and which may cause our actual
results, performance or achievements to be materially different from future
results, performance or achievements expressed or implied by such
forward-looking statements. All statements other than statements of historical
fact are statements that could be forward-looking statements. You can identify
these forward-looking statements through our use of words such as
"may," "will," "can" "anticipate,"
"assume," "should," "indicate,"
"would," "believe," "contemplate,"
"expect," "seek," "estimate," "continue,"
"plan," "point to," "project,"
"predict," "could," "intend," "target,"
"potential," and other similar words and expressions of the future.
Forward-looking statements may not be realized due to a variety of factors,
including, without limitation, future economic, competitive and market
conditions, regulatory framework, and future business decisions, and the other
factors referenced in our Quarterly Report on Form 10-QSB for the quarter ended
June 30, 2006, which contains a list of specific risk factors that could cause
actual results to differ materially from those indicated by our forward-looking
statements made in this Current Report on
Form 8-K, including the Exhibits attached hereto.
4
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Home Solutions of America, Inc.
Date:  November 7, 2006
By:
/s/ Jeffrey M. Mattich
Name:  Jeffrey M. Mattich
Title:  Chief Financial Officer
5
Exhibit Index
Exhibit 10.1
Credit Agreement among Home Solutions of America,
  Inc., Texas Capital Bank, National Association, Amegy Bank, N.A., Bank of
  Oklahoma, NA, and Compass Bank, dated as of November 1, 2006.
Exhibit 10.2
Promissory Note Revolving Credit Commitment issued by Home Solutions of
	America, Inc., to the order of Texas Capital Bank, National Association in
	the principal amount of $22,500,000 dated November
  1, 2006.
Exhibit 10.3
Promissory Note Revolving Credit Commitment issued
  by Home Solutions of America, Inc., to the order of Amegy Bank, N.A. in the
	principal amount of $11,250,000 dated November 1, 2006.
Exhibit 10.4
Promissory Note Revolving Credit Commitment issued by Home Solutions of
	America, Inc., to the order of Bank of Oklahoma, NA in the principal amount
	of $3,748,500 dated November 1, 2006.
Exhibit 10.5
Promissory Note Revolving Credit Commitment issued by Home Solutions of
	America, Inc., to the order of Compass Bank in the principal amount of
	$7,501,500 dated November 1, 2006.
Exhibit 10.6
Promissory Note Term Loan Commitment issued by Home Solutions of America,
	Inc., to the order of Texas Capital Bank, National Association in the
	principal amount of $7,500,000 dated November 1, 2006.
Exhibit 10.7
Promissory Note Term Loan Commitment issued by Home
  Solutions of America, Inc., to the order of Amegy Bank, N.A. in the principal
	amount of $3,750,000 dated November 1, 2006.
Exhibit 10.8
Promissory Note Term Loan Commitment issued by Home Solutions of America,
	Inc., to the order of Bank of Oklahoma, NA in the principal amount of
	$1,251,500 dated November 1, 2006.
Exhibit 10.9
Promissory Note Term Loan Commitment issued by Home Solutions of America,
	Inc., to the order of Compass Bank in the principal amount of $2,498,500 dated November 1, 2006.
Exhibit 10.10
Pledge and Security Agreement among Home Solutions
  of America, Inc., Cornerstone Marble & Granite, Inc., Fiber-Seal Systems,
  L.P., Fireline Restoration, Inc., Home Solutions Restoration of Louisiana,
  Inc., P.W. Stephens, Inc., Southern Exposure Unlimited of Florida, Inc., S.E.
  Tops of Florida, Inc., FSS Holding Corp. and Southern Exposure Holdings, Inc.
  for the benefit of Texas Capital Bank, National Association, dated November
  1, 2006.
Exhibit 10.11
Guaranty Agreement among Cornerstone Marble &
  Granite, Inc., Fiber-Seal Systems, L.P., Home Solutions Restoration of
  Louisiana, Inc., P.W. Stephens, Inc., Southern Exposure Unlimited of Florida,
  Inc., S.E. Tops of Florida, Inc., FSS Holding Corp., Southern Exposure
  Holdings, Inc. and Fireline Restoration, Inc., for the benefit of Texas
  Capital Bank, National Association, dated November 1, 2006.
6