<SUBMISSION>
<ACCESSION-NUMBER>0000030697-03-000176
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20001031
<FILING-DATE>20030929
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>ENCORE CAPITAL GROUP INC
<CIK>0001084961
<ASSIGNED-SIC>6153
<IRS-NUMBER>481090909
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>5775 ROSECOE COURT
<CITY>SAN DIEGO
<STATE>CA
<ZIP>92123
<PHONE>8007590327
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>5775 ROSCOE COURT
<CITY>SAN DIEGO
<STATE>CA
<ZIP>92123
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>MCM CAPITAL GROUP INC
<DATE-CHANGED>19990430
</FORMER-COMPANY>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>MIDLAND CORP OF KANSAS
<DATE-CHANGED>19990423
</FORMER-COMPANY>
</ISSUER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>MAY PETER W
<CIK>0000928264
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>000-26489
<FILM-NUMBER>03916190
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>900 THIRD AVE
<CITY>NEW YORK
<STATE>NY
<ZIP>10022
<PHONE>2122303000
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>900 THIRD AVE
<CITY>NEW YORK
<STATE>NY
<ZIP>10022
</MAIL-ADDRESS>
</REPORTING-OWNER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>may4.xml
<TEXT>
<XML>
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<ownershipDocument>
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    <documentType>4</documentType>
	<periodOfReport>2000-10-31</periodOfReport>
	<notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0001084961</issuerCik>
        <issuerName>ENCORE CAPITAL GROUP INC</issuerName>
        <issuerTradingSymbol>(ECPG)</issuerTradingSymbol>
	</issuer>
	<reportingOwner>
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            <rptOwnerCik>0000928264</rptOwnerCik>
            <rptOwnerName>MAY PETER W</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O TRIARC COMPANIES, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>280 PARK AVENUE</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
			<isDirector>1</isDirector>
			<isOfficer>0</isOfficer>
			<isTenPercentOwner>1</isTenPercentOwner>
			<isOther>0</isOther>
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	</reportingOwner>
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					<footnoteId id="F4"/>
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		<nonDerivativeTransaction>
			<securityTitle>
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				<transactionFormType>4</transactionFormType>
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			<transactionAmounts>
				<transactionShares>
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				<transactionPricePerShare>
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					<footnoteId id="F1"/>
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				</sharesOwnedFollowingTransaction>
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			<ownershipNature>
				<directOrIndirectOwnership>
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					<footnoteId id="F5"/>
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		<nonDerivativeTransaction>
			<securityTitle>
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				<transactionFormType>4</transactionFormType>
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				<equitySwapInvolved>0</equitySwapInvolved>
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			<transactionAmounts>
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				</transactionShares>
				<transactionPricePerShare>
					<value>11.00</value>
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					<value>D</value>
				</transactionAcquiredDisposedCode>
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				<sharesOwnedFollowingTransaction>
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				</sharesOwnedFollowingTransaction>
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				<directOrIndirectOwnership>
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				</directOrIndirectOwnership>
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					<footnoteId id="F5"/>
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		<nonDerivativeTransaction>
			<securityTitle>
				<value>Common Stock</value>
			</securityTitle>
			<transactionDate>
				<value>2003-09-25</value>
				<footnoteId id="F6"/>
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			<deemedExecutionDate>
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				<transactionFormType>4</transactionFormType>
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				<footnoteId id="F6"/>
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			<transactionAmounts>
				<transactionShares>
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				</transactionShares>
				<transactionPricePerShare>
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				</transactionPricePerShare>
				<transactionAcquiredDisposedCode>
					<value>A</value>
				</transactionAcquiredDisposedCode>
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			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>101275</value>
				</sharesOwnedFollowingTransaction>
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			<ownershipNature>
				<directOrIndirectOwnership>
					<value>I</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value>By Triarc</value>
					<footnoteId id="F3"/>
					<footnoteId id="F7"/>
				</natureOfOwnership>
			</ownershipNature>
		</nonDerivativeTransaction>
		<nonDerivativeTransaction>
			<securityTitle>
				<value>Common Stock</value>
			</securityTitle>
			<transactionDate>
				<value>2003-09-29</value>
				<footnoteId id="F8"/>
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			<deemedExecutionDate>
			</deemedExecutionDate>
			<transactionCoding>
				<transactionFormType>4</transactionFormType>
				<transactionCode>J</transactionCode>
				<equitySwapInvolved>0</equitySwapInvolved>
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			<transactionAmounts>
				<transactionShares>
					<value>101275</value>
				</transactionShares>
				<transactionPricePerShare>
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					<footnoteId id="F8"/>
				</transactionPricePerShare>
				<transactionAcquiredDisposedCode>
					<value>A</value>
				</transactionAcquiredDisposedCode>
			</transactionAmounts>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>202550</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>I</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
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					<footnoteId id="F3"/>
					<footnoteId id="F7"/>
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		<nonDerivativeTransaction>
			<securityTitle>
				<value>Common Stock</value>
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			<transactionDate>
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			<deemedExecutionDate>
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				<transactionFormType>4</transactionFormType>
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			<transactionAmounts>
				<transactionShares>
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				<transactionPricePerShare>
					<value>0</value>
					<footnoteId id="F6"/>
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				<transactionAcquiredDisposedCode>
					<value>D</value>
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			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>101275</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>I</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value>By Triarc</value>
					<footnoteId id="F3"/>
					<footnoteId id="F7"/>
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			</ownershipNature>
		</nonDerivativeTransaction>
		<nonDerivativeHolding>
			<securityTitle>
				<value>Common Stock</value>
			</securityTitle>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>15000</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>D</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value/>
				</natureOfOwnership>
			</ownershipNature>
		</nonDerivativeHolding>
	</nonDerivativeTable>
	<derivativeTable>
		<derivativeTransaction>
			<securityTitle>
				<value>Common Stock Warrants (right to buy)</value>
			</securityTitle>
			<conversionOrExercisePrice>
				<value>0.01</value>
			</conversionOrExercisePrice>
			<transactionDate>
				<value>2000-10-31</value>
				<footnoteId id="F9"/>
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			<deemedExecutionDate>
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			<transactionCoding>
				<transactionFormType>4</transactionFormType>
				<transactionCode>J</transactionCode>
				<equitySwapInvolved>0</equitySwapInvolved>
				<footnoteId id="F9"/>
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			<transactionAmounts>
				<transactionShares>
					<value>1275</value>
				</transactionShares>
				<transactionPricePerShare>
					<value>0</value>
				</transactionPricePerShare>
				<transactionAcquiredDisposedCode>
					<value>A</value>
				</transactionAcquiredDisposedCode>
			</transactionAmounts>
			<exerciseDate>
				<footnoteId id="F10"/>
			</exerciseDate>
			<expirationDate>
				<value>2005-01-12</value>
			</expirationDate>
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				<underlyingSecurityTitle>
					<value>Common Stock</value>
				</underlyingSecurityTitle>
				<underlyingSecurityShares>
					<value>1275</value>
				</underlyingSecurityShares>
			</underlyingSecurity>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>101275</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>I</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value>By Triarc</value>
					<footnoteId id="F3"/>
					<footnoteId id="F7"/>
				</natureOfOwnership>
			</ownershipNature>
		</derivativeTransaction>
		<derivativeTransaction>
			<securityTitle>
				<value>Common Stock Warrants (right to buy)</value>
			</securityTitle>
			<conversionOrExercisePrice>
				<value>0.01</value>
			</conversionOrExercisePrice>
			<transactionDate>
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				<footnoteId id="F6"/>
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			<deemedExecutionDate>
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				<transactionFormType>4</transactionFormType>
				<transactionCode>X</transactionCode>
				<equitySwapInvolved>0</equitySwapInvolved>
				<footnoteId id="F6"/>
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			<transactionAmounts>
				<transactionShares>
					<value>1275</value>
				</transactionShares>
				<transactionPricePerShare>
					<value>0</value>
				</transactionPricePerShare>
				<transactionAcquiredDisposedCode>
					<value>D</value>
				</transactionAcquiredDisposedCode>
			</transactionAmounts>
			<exerciseDate>
				<footnoteId id="F10"/>
			</exerciseDate>
			<expirationDate>
				<value>2005-01-12</value>
			</expirationDate>
			<underlyingSecurity>
				<underlyingSecurityTitle>
					<value>Common Stock</value>
				</underlyingSecurityTitle>
				<underlyingSecurityShares>
					<value>1275</value>
				</underlyingSecurityShares>
			</underlyingSecurity>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>100000</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>I</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value>By Triarc</value>
					<footnoteId id="F3"/>
					<footnoteId id="F7"/>
				</natureOfOwnership>
			</ownershipNature>
		</derivativeTransaction>
		<derivativeTransaction>
			<securityTitle>
				<value>Common Stock Warrants (right to buy)</value>
			</securityTitle>
			<conversionOrExercisePrice>
				<value>0.01</value>
			</conversionOrExercisePrice>
			<transactionDate>
				<value>2003-09-25</value>
				<footnoteId id="F6"/>
			</transactionDate>
			<deemedExecutionDate>
			</deemedExecutionDate>
			<transactionCoding>
				<transactionFormType>4</transactionFormType>
				<transactionCode>X</transactionCode>
				<equitySwapInvolved>0</equitySwapInvolved>
				<footnoteId id="F6"/>
			</transactionCoding>
			<transactionAmounts>
				<transactionShares>
					<value>100000</value>
				</transactionShares>
				<transactionPricePerShare>
					<value>0</value>
				</transactionPricePerShare>
				<transactionAcquiredDisposedCode>
					<value>D</value>
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			</transactionAmounts>
			<exerciseDate>
				<footnoteId id="F10"/>
			</exerciseDate>
			<expirationDate>
				<value>2005-01-12</value>
			</expirationDate>
			<underlyingSecurity>
				<underlyingSecurityTitle>
					<value>Common Stock</value>
				</underlyingSecurityTitle>
				<underlyingSecurityShares>
					<value>100000</value>
				</underlyingSecurityShares>
			</underlyingSecurity>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>0</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>I</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value>By Triarc</value>
					<footnoteId id="F3"/>
					<footnoteId id="F7"/>
				</natureOfOwnership>
			</ownershipNature>
		</derivativeTransaction>
		<derivativeTransaction>
			<securityTitle>
				<value>Series A Senior Cumulative Part Conv Pfd Stock</value>
			</securityTitle>
			<conversionOrExercisePrice>
				<value>0.50</value>
			</conversionOrExercisePrice>
			<transactionDate>
				<value>2003-09-25</value>
				<footnoteId id="F1"/>
			</transactionDate>
			<deemedExecutionDate>
			</deemedExecutionDate>
			<transactionCoding>
				<transactionFormType>4</transactionFormType>
				<transactionCode>C</transactionCode>
				<equitySwapInvolved>0</equitySwapInvolved>
			</transactionCoding>
			<transactionAmounts>
				<transactionShares>
					<value>84034</value>
				</transactionShares>
				<transactionPricePerShare>
					<value>0</value>
				</transactionPricePerShare>
				<transactionAcquiredDisposedCode>
					<value>D</value>
				</transactionAcquiredDisposedCode>
			</transactionAmounts>
			<exerciseDate>
				<footnoteId id="F10"/>
			</exerciseDate>
			<expirationDate>
				<footnoteId id="F1"/>
			</expirationDate>
			<underlyingSecurity>
				<underlyingSecurityTitle>
					<value>Common Stock</value>
				</underlyingSecurityTitle>
				<underlyingSecurityShares>
					<value>840340</value>
				</underlyingSecurityShares>
			</underlyingSecurity>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>0</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>I</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value>By JM and LM Trusts</value>
					<footnoteId id="F3"/>
					<footnoteId id="F4"/>
				</natureOfOwnership>
			</ownershipNature>
		</derivativeTransaction>
		<derivativeTransaction>
			<securityTitle>
				<value>Series A Senior Cumulative Part Conv Pfd Stock</value>
			</securityTitle>
			<conversionOrExercisePrice>
				<value>0.50</value>
			</conversionOrExercisePrice>
			<transactionDate>
				<value>2003-09-25</value>
				<footnoteId id="F1"/>
			</transactionDate>
			<deemedExecutionDate>
			</deemedExecutionDate>
			<transactionCoding>
				<transactionFormType>4</transactionFormType>
				<transactionCode>C</transactionCode>
				<equitySwapInvolved>0</equitySwapInvolved>
			</transactionCoding>
			<transactionAmounts>
				<transactionShares>
					<value>174566</value>
				</transactionShares>
				<transactionPricePerShare>
					<value>0</value>
				</transactionPricePerShare>
				<transactionAcquiredDisposedCode>
					<value>D</value>
				</transactionAcquiredDisposedCode>
			</transactionAmounts>
			<exerciseDate>
				<footnoteId id="F10"/>
			</exerciseDate>
			<expirationDate>
				<footnoteId id="F1"/>
			</expirationDate>
			<underlyingSecurity>
				<underlyingSecurityTitle>
					<value>Common Stock</value>
				</underlyingSecurityTitle>
				<underlyingSecurityShares>
					<value>1745660</value>
				</underlyingSecurityShares>
			</underlyingSecurity>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>0</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>I</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value>By Madison West</value>
					<footnoteId id="F3"/>
					<footnoteId id="F5"/>
				</natureOfOwnership>
			</ownershipNature>
		</derivativeTransaction>
	</derivativeTable>
	<footnotes>
		<footnote id="F1">In connection with an underwritten public offering (the Offering) of the Issuer's Common Stock, holders of Series A Senior Cumulative Participating Convertible  Preferred Stock  (the Series A Preferred Stock) entered into a Preferred Stock Conversion Agreement, whereby each share of Series A Preferred Stock will be converted into ten shares of Issuer's Common Stock, without additional consideration, concurrently with the closing of the Offering, which is scheduled for October 1, 2003.</footnote>
		<footnote id="F2">On September 25, 2003, Madison West Associates Corp. (Madison West), a wholly-owned subsidiary of Triarc Companies, Inc. (Triarc), the Jonathan P. May 1998 Trust and the Leslie A. May 1998 Trust entered into an Underwriting Agreement providing for the sale by Madison West of 256,270 shares of the Issuer's Common Stock and the sale by each of the Jonathan P. May 1998 Trust and the Leslie A. May 1998 Trust of 61,391 shares of the Issuer's Common Stock.</footnote>
		<footnote id="F3">The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.</footnote>
		<footnote id="F4">All such shares are held equally in the Jonathan P. May 1998 Trust and the Leslie A. May 1998 Trust, entities in which Mr. May is a trustee.</footnote>
		<footnote id="F5">All such shares are held by Madison West, a wholly-owned subsidiary of Triarc.  Mr. May is an officer, director and significant stockholder of Triarc.</footnote>
		<footnote id="F6">Triarc has agreed to exercise the Common Stock Warrants on September 30, 2003 and to contribute the shares of Encore Common Stock that it receives to Madison West, its wholly-owned subsidiary.</footnote>
		<footnote id="F7">All such securites are held by Triarc.  Mr. May is an officer, director and significant stockholder of Triarc.</footnote>
		<footnote id="F8">Madison West has agreed to dividend to Triarc, its sole stockholder, 101,275 shares of Encore Common Stock that it currently holds upon receipt of the contribution by Triarc of shares of Encore Common Stock referred to in footnote (6).</footnote>
		<footnote id="F9">The Common Stock Warrants were acquired by Triarc pursuant to an anti-dilution adjustment to Common Stock Warrants granted to Triarc in January 2000 in consideration for Triarc providing a guaranty of certain indebtedness of the Issuer.</footnote>
		<footnote id="F10">Immediately</footnote>
	</footnotes>
	<remarks>
	</remarks>
	<ownerSignature>
		<signatureName>/s/ May, Peter W.</signatureName>
		<signatureDate>2003-09-29</signatureDate>
	</ownerSignature>
</ownershipDocument>

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