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EXHIBIT 10.1
 FIFTH AMENDMENT TO
FOURTH AMENDED AND RESTATED LOAN AGREEMENT
 THIS FIFTH AMENDMENT TO FOURTH AMENDED AND RESTATED LOAN AGREEMENT Amendment ASTA FUNDING ACQUISITION I, LLC, ASTA FUNDING ACQUISITION II, LLC PALISADES COLLECTION, L.L.C. PALISADES ACQUISITION
I, LLC PALISADES ACQUISITION II, LLC PALISADES ACQUISITION IV, LLC PALISADES
ACQUISITION V, LLC PALISADES ACQUISITION VI, LLC PALISADES ACQUISITION VII, LLC PALISADES ACQUISITION VIII, LLC PALISADES ACQUISITION IX,
LLC PALISADES ACQUISITION X, LLC CLIFFS PORTFOLIO ACQUISITION I, LLC SYLVAN ACQUISITION I, LLC OPTION CARD, LLC Borrowers Borrower ASTA FUNDING, INC. COMPUTER
FINANCE, LLC ASTAFUNDING.COM, LLC ASTA COMMERCIAL, LLC VATIV RECOVERY
SOLUTIONS, LLC Guarantors ISRAEL
DISCOUNT BANK OF NEW YORK, IDB Collateral Agent Administrative Agent Agents MIDDLE MARKET FINANCE Merrill Lynch
 RECITALS:
 Credit Parties Credit Agreement




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AGREEMENT:
     Definitions
 Applicable Advance Rate
   Borrowing Base
     provided
 2




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Collections Multiple Value
 Existing Portfolio
 New Portfolio
 No Other Modifications
           3




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BORROWERS:
    ASTA FUNDING ACQUISITION I, LLC
ASTA FUNDING ACQUISITION II, LLC
PALISADES COLLECTION, L.L.C.
CLIFFS PORTFOLIO ACQUISITION I, LLC
PALISADES ACQUISITION I, LLC
PALISADES ACQUISITION II, LLC
PALISADES ACQUISITION IV, LLC
PALISADES ACQUISITION V, LLC
PALISADES ACQUISITION VI, LLC
PALISADES ACQUISITION VII, LLC
PALISADES ACQUISITION VIII, LLC
PALISADES ACQUISITION IX, LLC
PALISADES ACQUISITION X, LLC
SYLVAN ACQUISITION I, LLC
OPTION CARD, LLCBy:
    /s/ Mitchell CohenName:
    Mitchell CohenTitle:
    ManagerGUARANTORS:
    ASTA FUNDING, INC.By:
    /s/ Mitchell CohenName:
    Mitchell CohenTitle:
    Chief Financial OfficerCOMPUTER FINANCE, LLC
ASTAFUNDING.COM, LLC
ASTA COMMERCIAL, LLC
VATIV RECOVERY SOLUTIONS, LLCBy:
    /s/ Mitchell CohenName:
    Mitchell CohenTitle:
    Manager




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AGENT:
    ISRAEL DISCOUNT BANK OF NEW YORK,
as Administrative Agent, Collateral Agent and
Co-Lead ArrangerBy:
    /s/ Robert FainelliName:
    Robert FainelliTitle:
    First Vice PresidentBy:
    /s/ Jeffrey S. AckermanName:
    Jeffrey AckermanTitle:
    Senior Vice President




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MIDDLE MARKET FINANCE, a division of MERRILL LYNCH BUSINESS
FINANCIAL SERVICES INC., as Co-Administrative Agent and
Co-Lead ArrangerBy:
    /s/ Kenneth R. GeigerName:
    Kenneth R. GeigerTitle:
    Vice President




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LENDERS:
    ISRAEL DISCOUNT BANK OF NEW YORK,
as LenderBy:
    /s/ Robert J. FainelliName:
    Robert J. FainelliTitle:
    First Vice PresidentBy:
    /s/ Jeffrey S. AckermanName:
    Jeffrey S. AckermanTitle:
    Senior Vice President




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MIDDLE MARKET FINANCE, a division of MERRILL LYNCH BUSINESS
FINANCIAL SERVICES INC., as LenderBy:
    /s/ Kenneth R. GeigerPrint Name:
    Kenneth R. GeigerPrint Title:
    Vice President




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BMO CAPITAL MARKETS FINANCING, INC.,
as LenderBy:
    /s/ Robert BombenPrint Name:
    Robert BombenPrint Title:
    Director




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BANK LEUMI USA, as LenderBy:
    /s/ Mary Ellen BroncoPrint Name:
    Mary Ellen BroncoPrint Title:
    Vice President




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THE BERKSHIRE BANK, as LenderBy:
    /s/ Ira A. MermelsteinPrint Name:
    Ira MermelsteinPrint Title:
    Vice President




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SIGNATURE BANK, as LenderBy:
    /s/ Thomas J. DAntonaPrint Name:
    Thomas J. DAntonaPrint Title:
    Senior Vice President & Senior Lender