ASTA FUNDING, INC. (NASDAQ:ASFI) Files An 8-K Other Events

Item8.01Other Events

On January 19, 2017, Asta Funding, Inc. issued a press release
announcing the commencement of a self- tender offer to repurchase
up to 5,314,009 shares of its common stock at a price of $10.35
per share. A copy of the press release is filed as Exhibit 99.1
hereto and is incorporated herein by reference.

(d) Exhibits. The following exhibit is filed with this Current
Report on Form 8-K:

About ASTA FUNDING, INC. (NASDAQ:ASFI)

Asta Funding, Inc. is primarily engaged in the businesses of acquiring, managing, servicing and recovering on portfolios of consumer receivables. The Company operates through four segments: Consumer Receivables, Personal Injury Claims, Structured Settlements and GAR Disability Advocates. The Consumer receivables segment is engaged in purchasing, managing for its own account and servicing distressed consumer receivables, including charged off receivables, semi-performing receivables and performing receivables. The Personal injury claims segment includes the operations of its subsidiary, Pegasus Funding, LLC. The Structured settlements segment includes the operations of CBC Settlement Funding, LLC (CBC). The GAR Disability Advocates segment includes the operations of GAR Disability Advocates, LLC (GAR Disability Advocates). GAR Disability Advocates is a social security benefit and disability advocacy group.

ASTA FUNDING, INC. (NASDAQ:ASFI) Recent Trading Information

ASTA FUNDING, INC. (NASDAQ:ASFI) closed its last trading session 00.00 at 10.20 with 28,716 shares trading hands.