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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 September 30, 2008
 OR
 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: 0-26906
 ASTA FUNDING, INC.
 (Exact Name of Registrant Specified in its Charter)
 Delaware(State or other jurisdiction of 
incorporation or organization)
    
    22-3388607(I.R.S. Employer
Identification No).210 Sylvan Avenue, EnglewoodCliffs, NJ
    
    07632(Address of principal executive offices)
    
    (Zip Code)
 (201) 567-5648
 None
  Common Stock, par value $.01 per share  (Title of Class)
 o þ
 o þ
 þ o
 o
  Large accelerated filer o
Accelerated filer þ
Non-accelerated filer o(Do not check if a smaller reporting company)
Smaller reporting company o o þ




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TABLE OF CONTENTS  Part IVItem 15. Exhibits, Financial Statement Schedules.SIGNATURESEX-23.1: CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRMEX-23.2: CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRMEX-31.1: CERTIFICATIONEX-31.2: CERTIFICATIONEX-32.1: CERTIFICATIONEX-32.2: CERTIFICATION    Table of Contents  FORM 10-K/A
TABLE OF CONTENTS
 Explanatory Note
  Caution Regarding Forward Looking Statements
  2




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Part IV
 
 Item 15. Exhibits, Financial Statement Schedules.
    2. Exhibits
 ExhibitNumber23.1
    
    
    Consent of the Independent Registered Public Accounting Firm23.2
    
    
    Consent of the Independent Registered Public Accounting Firm31.1
    
    
    Certification of Registrants Chief Executive Officer, Gary Stern,
pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.31.2
    
    
    Certification of Registrants Chief Financial Officer, Robert J.
Michel, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.32.1
    
    
    Certification of the Registrants Chief Executive Officer, Gary
Stern, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.32.2
    
    
    Certification of the Registrants Chief Financial Officer, Robert
J. Michel, pursuant to Section 906 of the Sarbanes-Oxley Act of
2002.




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##### Table of Contents



SIGNATURES
  ASTA FUNDING, INC.By:
    /s/ Gary SternGary SternChairman, President and Chief Executive Officer
(Principal Executive Officer) Dated: March 12, 2009   Signature
    
    Title
    
    Date/s/ Gary Stern
Gary Stern
    
    Chairman, President, Chief
Executive Officer and
Director
    
    March 12, 2009/s/ Robert J. Michel
Robert J. Michel
    
    Chief Financial Officer
Principal Financial and Accounting
Officer
    
    March 12, 2009/s/ Arthur Stern
Arthur Stern
    
    Chairman Emeritus and Director
    
    March 12, 2009/s/ Herman BadilloHerman Badillo
    
    Director
    
    March 12, 2009/s/ Edward CelanoEdward Celano
    
    Director
    
    March 12, 2009/s/ Harvey LeibowitzHarvey Leibowitz
    
    Director
    
    March 12, 2009/s/ David SlackmanDavid Slackman
    
    Director
    
    March 12, 2009/s/ Louis A. Piccolo
Louis A. Piccolo
    
    Director
    
    March 12, 2009