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Asta Funding, Inc. To Report Fourth Quarter And Year End 2009 Results

ENGLEWOOD CLIFFS, N.J., Dec. 15 /PRNewswire-FirstCall/ -- Asta Funding, Inc. (Nasdaq: ASFI), a consumer receivable asset management and liquidation firm, will report its financial results for the fourth quarter and fiscal year ended September 30, 2009 after the close of the market on Tuesday, December 15, 2009.  The company will file Form 12b-25 on December 15, 2009 for a brief extension of its reporting deadline.  

Asta Funding, Inc.'s senior executives will hold a conference call with a web presentation for investors on Wednesday, December 16, 2009, beginning at 8:45am EST to discuss the company's financial results.  The conference call dial-in information will be included in the financial results announcement.

About Asta Funding:

Based in Englewood Cliffs, NJ, Asta Funding, Inc., is a consumer receivable asset management company that specializes in the purchase, management and liquidation of performing and non-performing consumer receivables. For additional information, please visit our website at http://www.astafunding.com.

Except for historical information contained herein, the matters set forth in this news release are "forward-looking" statements (as defined in the Private Securities Litigation Reform Act of 1995.) Although Asta Funding, Inc. believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, there can be no assurance that its expectations will be realized. Forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from Asta Funding, Inc.'s expectations. Factors that could contribute to such differences include those identified in Asta Funding, Inc.'s Form 8K and Form 10Q filed during this period and those described from time to time in Asta Funding, Inc.'s other filings with the Securities and Exchange Commission, news releases and other communications. Asta Funding, Inc.'s reports with the Securities and Exchange Commission are available free of charge through its website at http://www.astafunding.com

SOURCE Asta Funding, Inc.

Copyright 2009 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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