UNITED STATES SECURITIES AND EXCHANGE COMMISSION

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 (Date of earliest event reported) ~~February~~ 10April 5, 2012

DJSP ENTERPRISES, INC.

(Exact Name of Registrant as Specified in Its Charter)

British Virgin Islands

001-34149

98-0667099

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

950 South Pine Island Road Plantation, Florida		33324
(Address of Principal Executive Offices)		(Zip Code)

(954) 727-8217

(Registrant’s Telephone Number, Including Area Code)

(Former Name or Former Address, if Changed Since Last Report)

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):

£¨ 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 18.01 ~~Entry~~Other ~~into a Material Definitive Agreement~~Events.

On ~~February~~ 16April 5, 2012 (the ~~“Effective~~Compensation ~~Date”), DAL Group, LLC (“DAL”), a subsidiary~~ Committee of DJSP Enterprises, Inc. (the “Company”), ~~and~~approved ~~DAL’s subsidiary, DJS Processing, LLC (“DJS”),~~ the ~~Law~~issuance ~~Offices~~ of ~~David~~ordinary ~~J. Stern,~~shares ~~P.A.~~as ~~(the~~restricted ~~“Law~~shares ~~Offices”) and BA Note Acquisition LLC~~ (~~“Lender”), entered into an amendment (~~the ~~“Amendment”)~~ ~~to the Forbearance Agreement dated December 30, 2011 (the~~ “~~Forbearance Agreement~~Restricted Shares”), aspursuant ~~set forth in Exhibit 10.1. The Amendment, among other matters, amends the related Assignment of the Proceeds of Collateral Cases~~ to ~~revise~~ ~~the~~a ~~calculation~~restricted ofshare ~~the~~agreement ~~net~~under ~~proceeds from~~ the ~~Law Offices~~Company’s ~~collection~~2009 ~~cases~~Equity ~~required~~Incentive toPlan ~~be paid~~ to ~~DAL~~the ~~and~~members ~~DJS. Kerry S. Propper, a member~~ of the Board of Directors of the Company, ~~owns~~by ameans ~~non-controlling interest in Lender. An affiliate~~ of ~~David J. Stern, the former Chairman, President and Chief Executive Officer of the Company, owns~~ a ~~non-controlling~~private interest in Lender. The foregoing description of the Amendment and the agreements and transactions contemplated thereby does not purport to be complete and is qualified in its entirety by reference to the complete Amendmentplacement, ~~a copy of which is attached to this Current Report on Form 8-K~~ as ~~Exhibit 10.1.~~follows:

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

	Nicholas Adler	100,000 Restricted Shares
	Stephen J. Bernstein	100,000 Restricted Shares
	Jerry L. Hutter	100,000 Restricted Shares
	Kerry Propper	100,000 Restricted Shares.

~~Effective~~The ~~February~~grants ~~10,~~of ~~2012,~~Restricted ~~the~~Shares ~~Company~~were made ~~accepted~~pursuant ~~the~~to ~~resignation~~and ofon ~~Juan~~the ~~Ruiz~~terms asset aforth ~~member~~in of the ~~Board~~form of ~~Directors~~Restricted ofShare ~~the~~Award ~~Company~~Agreement ~~and~~attached ~~the~~as ~~Board~~Exhibit ~~of Managers of DAL~~10.1 Mrhereto. ~~Ruiz resigned his positions with the Company and DAL to focus on his other business interests.~~

~~Item~~The ~~9.01.~~foregoing ~~Financial~~description ~~Statements~~of the Form of Restricted Share Award Agreement does not purport to be complete and ~~Exhibits~~is qualified in its entirety by reference to Exhibit 10.1.

~~(d)~~Item ~~Exhibits~~9.01. Financial Statements and Exhibits

Exhibit No.		Descriptions
10.1		Amendment to Forbearance Agreement, dated as of February 16, 2012 by and among BA Note Acquisition LLC, DAL Group, LLC, DJS Processing, LLC, and Law Offices of David J. Stern, P.A.

(d) Exhibits.

SIGNATURES

Exhibit No.

Descriptions

10.1

Form of Restricted Share Award Agreement.

~~Pursuant to the requirements of the Securities Exchange Act of 1934,~~SIGNATURES ~~the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.~~

	DJSP Enterprises, Inc.
	(Registrant)
Date February 16, 2012	By	/s/ Stephen J. Bernstein
		Stephen J. Bernstein, President and Chief Executive Officer

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

	DJSP Enterprises, Inc.

	(Registrant)

Date April 9, 2012	By	/s/ Stephen J. Bernstein
		Stephen J. Bernstein, President and Chief Executive Officer

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