<SEC-DOCUMENT>0001013762-12-001340.txt : 20120614
<SEC-HEADER>0001013762-12-001340.hdr.sgml : 20120614
<ACCEPTANCE-DATETIME>20120614114201
ACCESSION NUMBER:		0001013762-12-001340
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20120614
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20120614
DATE AS OF CHANGE:		20120614

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Anchor Funding Services, Inc.
		CENTRAL INDEX KEY:			0001397047
		STANDARD INDUSTRIAL CLASSIFICATION:	SHORT-TERM BUSINESS CREDIT INSTITUTIONS [6153]
		IRS NUMBER:				205456087
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-52589
		FILM NUMBER:		12906901

	BUSINESS ADDRESS:	
		STREET 1:		10801 JOHNSTON ROAD, SUITE 210
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28226
		BUSINESS PHONE:		(866) 789-3863

	MAIL ADDRESS:	
		STREET 1:		10801 JOHNSTON ROAD, SUITE 210
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28226
</SEC-HEADER>
<DOCUMENT>
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<DESCRIPTION>ANCHOR FUNDING SERVICES, INC. FORM 8-K
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">CURRENT REPORT</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements with Certain Officers.</font></font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Effective June 8, 2012, Mr. Kenneth Smalley resigned from the Board of Directors of Anchor Funding Services, Inc. (&#8220;Anchor&#8221;). Effective June 13, 2012, Mr. E. Anthony Woods resigned from the Board of Directors of Anchor. On June14, 2012, Anchor elected to the Board of Directors Paul B. Healy to fill one of the two vacancies.</font></div>

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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Paul B. Healy is an experienced media executive specializing in corporate finance, capital raising, investor relations and corporate governance. Mr. Healy currently serves as a Senior Adviser to Sonenshine Partners an investment bank providing strategic and financial advisory services in New York City. Previously, Mr. Healy served as CEO of Connexiti LLC, a supply-chain-centric intelligence database platform; Principal and Managing Director at Frank N. Magid Associates; Vice President, Corporate Development at Hollinger International Inc.; and Vice President of Media Private Banking at The Chase Manhattan Bank. He serves as a Trustee of Kenyon College and Board Chair of The Kenyon Review.&#160;Mr. Healy graduated from Kenyon College and resides in New York City and Connecticut.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Anchor granted Mr. Healy ten year Non-Statutory Stock Options to purchase 180,000 shares of Anchor&#8217;s Common Stock exercisable at $.25 per share. The Options vest one-third immediately and one-third on each of the successive anniversary dates from Mr. Healy joining the Board until fully vested.&#160;&#160;As a director of Anchor, Mr. Healy will receive cash compensation of $1,000 per meeting and an annual fee of $6,500.</font></div>

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