Asta Funding, Inc. to Report Year and Fourth Quarter Results of Fiscal Year 2015

ENGLEWOOD CLIFFS, N.J., Dec. 10, 2015 (GLOBE NEWSWIRE) -- Asta Funding, Inc. (NASDAQ:ASFI), a diversified financial services company, will report its financial results for the fourth quarter and fiscal year of 2015, before the markets open on Monday, December 14, 2015.

Asta Funding, Inc.'s senior executives will hold a conference call for investors on Monday, December 14, 2015, beginning at 4:00 PM EST to discuss the company's financial results. To participate in the conference call, please dial:

About Asta Funding:

Based in Englewood Cliffs, NJ, Asta Funding, Inc., is engaged in several business segments in the financial services industry including structured settlements through our 80% owned subsidiary CBC Settlement Funding, LLC (www.cbcsettlementfunding.com), funding of personal injury claims, through our 80% owned subsidiary Pegasus Funding, LLC, social security and disability benefit advocates through our wholly owned subsidiary GAR Disability Advocates , LCC and the business of managing for its own account the servicing of distressed consumer receivables with the concentration of acquiring consumer receivables in the international sector.   For additional information, please visit our website at http://www.astafunding.com.

Except for historical information contained herein, the matters set forth in this news release are "forward-looking" statements (as defined in the Private Securities Litigation Reform Act of 1995.) Although Asta Funding, Inc. believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, there can be no assurance that its expectations will be realized. Forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from Asta Funding, Inc.'s expectations. Factors that could contribute to such differences include those identified in Asta Funding, Inc.'s Form 10K, and other filings posted during this period and those described from time to time in Asta Funding, Inc.'s filings with the Securities and Exchange Commission, news releases and other communications. Asta Funding, Inc.'s reports with the Securities and Exchange Commission are available free of charge through its website at http://www.astafunding.com

CONTACT: Robert J. Michel, CFO
         Asta Funding, Inc.
         (201) 567-5648