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Asta Funding Inc. (ASFI)

8.41 Up 0.04(0.48%) Aug 29, 3:57PM EDT
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Asta Funding Inc.
210 Sylvan Avenue
Englewood Cliffs, NJ 07632
United States - Map
Phone: 201-567-5648

Index Membership:N/A
Industry:Business Services
Full Time Employees:72

Business Summary 

Asta Funding, Inc., together with its subsidiaries, operates as a consumer receivable asset management company in the United States. The company is engaged in the purchase, management, and liquidation of performing and non-performing 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 and service 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 and matrimonial litigation claims. Asta Funding, Inc. was founded in 1994 and is based in Englewood Cliffs, New Jersey.

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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 
Mr. Gary Stern , 61
Chairman, Chief Exec. Officer and Pres
Mr. Robert J. Michel CPA, 56
Chief Financial Officer, Principal Accounting Officer and Sec.
Mr. Seth Berman Esq.,
Chief Compliance Officer and Gen. Counsel
Mr. Ricky Stern CFP,CIMA, 29
Sr. VP
Amounts are as of Dec 31, 2013 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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