SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

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                                    FORM 8-K

                                 CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15 (d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934


       Date of Report (Date of earliest event reported): November 9, 2005

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                     FRANKLIN CREDIT MANAGEMENT CORPORATION
             (Exact name of registrant as specified in its charter)

           Delaware                      0-17771                75-2243266
(State or other jurisdiction of   (Commission file number)    (I.R.S. employer
 incorporation or organization)                              identification no.)
  

           Six Harrison Street
            New York, New York                                       10013
 (Address of principal executive offices)                          (Zip code)
    

       Registrant's telephone number, including area code: (212) 925-8745


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

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[ ]   Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

[ ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

[ ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

[ ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))



Item 2.02  Results of Operations and Financial Condition.

      On November 9, 2005, Franklin Credit Management Corporation (the
"Company") issued a press release announcing its financial results for the
quarter ended September 30, 2005. A copy of the press release is furnished as
Exhibit 99.1 to this report and is incorporated herein by reference. The
information in this Current Report on Form 8-K, including the exhibit, shall not
be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of
1934, as amended (the "Exchange Act"), or incorporated by reference in any
filing under the Securities Act of 1933, as amended, or the Exchange Act, except
as shall be expressly set forth by specific reference in such a filing.


Item 9.01  Financial Statements and Exhibits.

(d)  Exhibits

Exhibit No.  Description
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99.1         Press Release, dated November 9, 2005, entitled "Franklin Credit
             Management Reports Third Quarter 2005 Earnings."








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                                    SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934,
Franklin Credit Management Corporation has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.

Date: November 9, 2005

                                       FRANKLIN CREDIT MANAGEMENT CORPORATION

                                       By: /s/ Paul D. Colasono
                                          ------------------------------------
                                          Name:  Paul D. Colasono
                                          Title: Chief Financial Officer and
                                                 Executive Vice President







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