UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington D.C., 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report: ~~June~~October 1024, 2002

AutoFund Servicing, Inc.

(Exact name of small business issuer as specified in its charter)

Nevada

(State or other jurisdiction of incorporation or organization)

88-0465858

(IRS Employer Identification No.)

3030 Nacogdoches Rd, Suite 200, San Antonio, TX 78217

(Address of principal executive office)

(210)979-0840

(Issuers telephone Number)

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TABLE OF CONTENTS

Item 5: Other Events and Regulation FD Disclosure	3
Item 2: Acquisition or Disposition of Assets	3
Signatures	3

<page>

ITEM 52: ~~Other~~Acquisition ~~Events~~or ~~and~~Disposition ~~Regulation~~of ~~FD Disclosure~~Assets

OnAt ~~May~~a 29special Board of Directors meeting held on September 25, 2002 Mr. James D. Haggard, ~~sent~~Director, acompleted ~~letter~~the toclosure ~~all~~ of ~~the~~AutoFund ~~company~~Servicing, ~~vendors~~Inc., the ~~letter~~Texas Corporation, inwhich ~~its~~was ~~entirety~~no ~~read~~longer asin ~~follows; As of June 5, 2002~~ operation. AutoFund Servicing, Inc., athe ~~Texas~~Nevada ~~corporation~~Corporation ~~will~~would ~~cease~~agree ~~operation.~~to Weexchange ~~have~~100% ~~exhausted~~ownership ~~all~~of ~~known~~AutoFund ~~avenues~~Servicing, inInc., anthe ~~attempt~~Texas Corporation to ~~raise~~Mr. ~~capital~~James ~~and~~D. ~~have~~Haggard ~~been~~individually ~~unsuccessful. We~~and ~~truly~~in ~~regret~~this ~~having~~agreement tothe ~~take~~Nevada ~~this~~Corporation ~~action~~would ~~but~~retain ~~there~~the ~~are~~$70,673.00 noof ~~other~~the ~~options. AutoFund~~offering ~~Servicing,~~documents ~~Inc~~expenses. As ~~the~~a ~~Texas~~result ~~Corporation~~of ~~was~~this exchange the ~~only~~balance ~~source~~ of ~~revenue~~Assets ~~for~~and ~~the~~all ~~holding~~liabilities ~~company~~of AutoFund Servicing, Inc., the Nevada Corporation~~. The~~, ~~holding~~would ~~company~~be ~~will~~removed. The ~~now~~Board ~~search~~of ~~for~~Directors aapproved ~~merger~~the ~~candidate~~above ~~in its same industry if possible~~transaction.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

AutoFund Servicing, Inc.

By: /s/ James D. Haggard

--------------------------------------

James D. Haggard

Chairman, Sole Director, President

and Secretary/Treasurer (Principal

Financial and Accounting Officer)

Date: ~~June~~October 1024, 2002

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