United States
SECURITIES AND EXCHANGE COMMISSION
 WASHINGTON, D.C. 20549
 FORM 10-K/A
 (Amendment No. 1)
 þ
    
    ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
 For the fiscal year ended December 31, 2007
 o
    
    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 For the transition period from  to
 Commission file number 333-84730
 LEASE EQUITY APPRECIATION FUND I, L.P.
  Delaware
    
    68-0492247(State or other jurisdiction of 
incorporation or organization)
    
    (I.R.S. Employer Identification No.)
 
 
 Securities registered pursuant to Section 12 (b) of the Act:
 Title of Each Class
    
    Name of Each Exchange on Which RegisteredNone
    
    Not applicable
 Securities registered pursuant to Section 12 (g) of the Act:
 
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  Large
accelerated
filer oAccelerated
filer oNon-accelerated
filer o(Do not check if a
smaller reporting company)Smaller reporting
company þ o þ
   DOCUMENTS INCORPORATED BY REFERENCE




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ITEM 9A. CONTROLS AND PROCEDURES
 Evaluation of Disclosure Controls and Procedures
   Managements Annual Report on Internal Control Over Financial Reporting




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PART IV
 ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K
  Financial Statements
  Financial Statement Schedules
  Exhibits
 Exhibit No.
    
    Description3.1
    
    Amended and Restated Agreement of Limited Partnership (1)3.2
    
    Certificate of Limited Partnership (2)4
    
    Forms of letters sent to limited partners confirming their investment (2)10.1
    
    WestLB AG, New York Branch Amendment to West LB Agreement Secured Loan Agreement (3)10.2
    
    First Amendment to WestLB AG Secured Loan Agreement (6)10.3
    
    Third Amendment to WestLB AG Secured Loan Agreement (7)10.4
    
    Fifth Amendment to WestLB AG Secured Loan Agreement (9)10.5
    
    Origination and Servicing Agreement among LEAF Financial Corporation, Lease Equity Appreciation
Fund I, L.P. and LEAF Funding, Inc., dated April 4, 2003 (4)10.6
    
    Fourth Amendment to Secured Loan Agreement with WestLB AG, New York Branch, dated March 30, 2007
(5)10.7
    
    Master Loan and Security Agreement between Lease Equity Appreciation Fund I, L.P. and OFC Capital,
a division of Alpha Financial Corporation, dated November 26, 2003 (6)31.1
    
    Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.31.2
    
    Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.32.1
    
    Certification of Chief Executive Officer pursuant to Section 1350 18 U.S.C., as adopted pursuant
to Section 906 of the Sarbanes-Oxley Act of 2002.32.2
    
    Certification of Chief Financial Officer pursuant to Section 1350 18 U.S.C., as adopted pursuant
to Section 906 of the Sarbanes-Oxley Act of 2002.
 
 (1)
    
    Filed previously as Appendix A to our Post-Effective Amendment No. 3 to our Registration
Statement on Form S-1, filed on January 24, 2004 and by this reference incorporated herein.(2)
    
    Filed previously as an Exhibit to Amendment No. 1 to our Registration Statement on Form S-1
filed on June 7, 2002 and by this reference incorporated herein.(3)
    
    Filed previously as an exhibit to our Annual Report on Form 10-K for the year ended December
31, 2004 and by this reference incorporated herein.(4)
    
    Filed previously on Form 8-K, filed on September 19, 2003 and by this reference incorporated
herein.(5)
    
    File previously as an exhibit to our Quarterly Report on Form 10-Q for the quarter ended
March 31, 2007 and by this reference incorporated herein.(6)
    
    Filed previously as an exhibit to our Post-Effective Amendment No. 2 to our Registration
Statement on Form S-1, filed on January 13, 2004 and by this reference incorporated herein.




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(7)
    
    Filed previously as an exhibit to our Annual Report on Form 10-K for the fiscal year ended
December 31, 2006 and by this reference incorporated herein.(8)
    
    Filed previously on August 14, 2006 as an exhibit to our Quarterly Report on Form 10-Q for
the quarter ended June 30, 2006 and by this reference incorporated herein.(9)
    
    Filed previously on March 31, 2008 as an exhibit to our Annual Report on Form 10-K for the
fiscal year ended December 31, 2007 and by this reference incorporated herein.




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SIGNATURES
  LEASE EQUITY APPRECIATION FUND I, L.P.
Delaware Limited Partnership
By: LEAF Financial CorporationOctober 14, 2008
    By:
    /s/ Crit S. DeMentCRIT S. DEMENTChairman and Chief Executive Officer  /s/ Crit S. DeMent
CRIT S. DEMENT
    
    Chairman of the Board and
Chief Executive Officer of the
General Partner
    
    October 14, 2008/s/ Miles HermanMILES HERMAN
    
    President, Chief Operating
Officer and Director of the
General Partner
    
    October 14, 2008/s/ Robert K. MoskovitzROBERT K. MOSKOVITZ
    
    Chief Financial Officer and
Treasurer of the General
Partner
    
    October 14, 2008/s/ Tonya L. ZweierTONYA L. ZWEIER
    
    Chief Accounting Officer
    
    October 14, 2008/s/ Jonathan Z. CohenJONATHAN Z. COHEN
    
    Director of the General Partner
    
    October 14, 2008/s/ Alan D. Schreiber, M.D.ALAN D. SCHREIBER, M.D.
    
    Director of the General Partner
    
    October 14, 2008/s/ Linda RichardsonLINDA RICHARDSON
    
    Director of the General Partner
    
    October 14, 2008/s/ Jeffrey F. BrotmanJEFFREY F. BROTMAN
    
    Director of the General Partner
    
    October 14, 2008