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    Asta Funding Inc. (ASFI)

    -NasdaqGS
    7.16 Down 0.06(0.83%) Feb 5, 4:00PM EST
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    Asta Funding Inc.
    210 Sylvan Avenue
    Englewood Cliffs, NJ 07632
    United States - Map
    Phone: 201-567-5648
    Website: http://www.astafunding.com

    Details 
    Index Membership:N/A
    Sector:Services
    Industry:Business Services
    Full Time Employees:149

    Business Summary 

    Asta Funding, Inc., together with its subsidiaries, engages in consumer receivable business in the United States. The company operates through four segments: Consumer Receivables, Personal Injury Claims, Structured Settlements, and GAR Disability Advocacy. It involved in the purchase, management, and servicing distressed consumer receivables, including charged-off receivables consisting of accounts that have been written-off by the originators and might have been previously serviced by collection agencies; semi-performing receivables, including accounts where the debtor is currently making partial or irregular monthly payments, but the accounts might have been written-off by the originators; performing receivables comprising accounts where the debtor is making regular monthly payments that might or might not have been delinquent in the past; and distressed consumer receivables, such as the unpaid debts of individuals to banks, finance companies, and other credit providers. The company’s distressed consumer receivables include MasterCard, Visa, and other credit card accounts, which were charged-off by the issuers or providers for non-payment. It also invests in funding personal injury claims. In addition, the company also purchases periodic structured settlements and annuity policies from individuals in exchange for a lump sum payment. Further, it assists claimants in obtaining long term disability benefits from the social security administration. Asta Funding, Inc. was founded in 1994 and is based in Englewood Cliffs, New Jersey.

    Key Statistics


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    Corporate Governance 
    Asta Funding Inc.’s ISS Governance QuickScore as of Jul 1, 2013 is 10. The pillar scores are Audit: 10; Board: 6; Shareholder Rights: 10; Compensation: 10.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
     PayExercised
    Mr. Gary Stern , 63
    Chairman, Chief Exec. Officer, Pres and Member of Investment Committee
    659.00K0.00
    Mr. Robert J. Michel CPA, 58
    Chief Financial Officer, Sec. and Member of Investment Committee
    405.00K0.00
    Mr. Seth Berman Esq., 53
    Chief Compliance Officer, Gen. Counsel and Member of Investment Committee
    298.00K0.00
    Mr. Ricky Stern CFP,CIMA, 31
    Sr. VP and Pres of Gar Disability Advocates Llc
    264.00K0.00
    Mr. Arthur Stern , 95
    Consultant
    N/AN/A
    Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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