<SUBMISSION>
<ACCESSION-NUMBER>0001084961-03-000026
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20030721
<ITEMS>9
<FILING-DATE>20030722
<FILER>
<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>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-26489
<FILM-NUMBER>03795820
</FILING-VALUES>
<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>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k_pressrelease072103.htm
<DESCRIPTION>FORM 8K PRESS RELEASE 7-21-03
<TEXT>

<HTML>
<HEAD>
<TITLE>Form 8K Press Release</TITLE>
</HEAD>
<BODY>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>UNITED STATES<BR>SECURITIES AND
EXCHANGE COMMISSION <BR>WASHINGTON, D.C. 20549 </FONT></H1>

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<A NAME=A003></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>FORM 8-K </FONT></H1>
<HR SIZE=4 COLOR=black width=25% NOSHADE>
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CURRENT REPORT <BR>Pursuant to Section 13
or 15(d)

<BR>of the Securities
Exchange Act of 1934 </FONT></H1>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Date
of Report (Date of earliest event reported): July 21, 2003 </FONT></P>

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<A NAME=A008></A>
<p ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><b>Encore Capital Group,
Inc.</b></FONT> <BR><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(Exact Name of
Registrant as Specified in its Charter) </FONT></p>



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<TABLE CELLPADDING="0" CELLSPACING="0" border="0" WIDTH="600" ALIGN="CENTER">
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2> Delaware&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2> 000-26489 </FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>48-1090909</FONT></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH="30%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">(State or other jurisdiction of </FONT> </TD>
     <TD WIDTH="40%" ALIGN="center"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">(Commission File Number) </FONT> </TD>
     <TD WIDTH="30%" ALIGN="center"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;(I.R.S Employer </FONT> </TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=1>incorporation or organization)</FONT></TD>
<TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=1></FONT></TD>
     <TD ALIGN="center"><FONT FACE="Times New Roman, Times, Serif" SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Identification No.)</FONT></TD>
 </TR>
</TABLE>
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<p ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><b>5775 Roscoe Court</b> <BR><b>San Diego, California
92123</b></FONT><BR><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(Address of Principal
Executive Offices) (Zip Code) </FONT></P>


<p ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><b>(877) 445-4581</b> </FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=1>(Registrant&#146;s
Telephone Number, Including Area Code) </FONT></P>


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<A NAME=A015></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Regulation FD
Disclosure </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
July 21, 2003 the Company issued a press release announcing the approval of its
application to list its common stock on the NASDAQ National Market. A copy of the press
release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated
herein solely for purposes of this Item 9. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
information in this Current Report on Form 8-K, including the exhibit, is furnished
pursuant to Item 9 and shall not be deemed &#147;filed&#148; for the purposes of Section
18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities under
that Section. Furthermore, the information in this Current Report on Form 8-K, including
the exhibit, shall not be deemed to be incorporated by reference into the filings of
Encore Capital Group, Inc. under the Securities Act of 1933. </FONT></P>

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<A NAME=A016></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 thereunto duly authorized. </FONT></P>
<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 ALIGN=Center WIDTH=600>
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TH>
     <TH align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ENCORE CAPITAL GROUP, INC.</FONT><BR><BR></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=10% ALIGN=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Date:</FONT></TD>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>July 21, 2003</FONT></TD>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;By<u>&nbsp;&nbsp;&nbsp;&nbsp;/s/ Barry R. Barkley&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barry R. Barkley</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive Vice President,</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Financial Officer and Treasurer</FONT></TD></TR>
</TABLE>
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<HR SIZE=2 COLOR=black NOSHADE>


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<A NAME=A017></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXHIBIT INDEX </FONT></H1>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=9%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>          Exhibit  </FONT></TD>
<TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=88%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Description
                     </FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH=9%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR>&nbsp;&nbsp; 99.1  </FONT></TD>
<TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=88%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
                       <BR>   Press release dated July 21, 2003.</FONT></TD>
</TR>
</TABLE>



</BODY>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>pressrelease_nasdaq.htm
<DESCRIPTION>PRESS RELEASE- NASDQ
<TEXT>

<HTML>
<HEAD>
<TITLE>Press Release 07-21-03</TITLE>
</HEAD>
<BODY>

<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exhibit 99.1 </FONT></P>



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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><u><b>For Immediate Release </b></u></FONT></P>


<TABLE WIDTH="600" BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD WIDTH="10%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><u><b>Contact:</b></u>  </FONT></TD>
     <TD WIDTH="75%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><b>Carl C. Gregory, III</b></FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><b>President and CEO</b></FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><b>Phone:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 858-309-6961</b></FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><b>Email:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; carl.gregory@mcmcg.com</b></FONT></TD></TR>
</TABLE>
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<A NAME=A001></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><u>NASDAQ APPROVES ENCORE
FOR TRADING </u><BR><u>ON THE</u> <BR><u>NASDAQ NATIONAL MARKET</u> </FONT></H1>

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<A NAME=A004></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>***TRADING
TO BEGIN TUESDAY***</FONT></H1>

<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>***TRADING SYMBOL WILL BE &#147;ECPG&#148;***</FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>San Diego, California, July 21,
2003-</B> Encore Capital Group, Inc., (OTCBB:ECPG.OB), announced today that its
application to list its common stock on the NASDAQ National Market has been approved.
Encore&#146;s common stock will begin trading on the NASDAQ National Market Tuesday, July
22, 2003, under the symbol ECPG. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Carl C. Gregory, III, President and
CEO, said, &#147;This is an important validation of the progress we have made over the
past two years. Trading on the NASDAQ National Market will give investors a better
opportunity to execute their investment decisions.&#148; </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Encore is an accounts receivable
management firm that specializes in purchasing charged-off and defaulted consumer debt.
Among Encore&#146;s significant stockholders are Triarc Companies, Inc., Consolidated
Press International Holdings Limited, and their respective affiliates. </FONT></P>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4><b>### </b></FONT></P>

<P ><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Page 1 </FONT></P>

<HR SIZE=1 color=black NOSHADE>

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<A NAME=A005></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Notes to Press Release </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The statements in this press release
that are not historical facts, including most importantly, those statements preceded by,
or that include, the words &#147;may,&#148; &#147;believes,&#148; &#147;projects,&#148;
&#147;expects,&#148; &#147;anticipates&#148; or the negation thereof, or similar
expressions, constitute &#147;forward looking statements&#148; within the meaning of the
Private Securities Litigation Reform Act of 1995 (the &#147;Reform Act&#148;). These
statements include, but are not limited to, statements regarding the benefits of a NASDAQ
National Market listing, as well as assumptions relating to those matters. For all
&#147;forward-looking statements,&#148; the Company claims the protection of the
safe-harbor for forward-looking statements contained in the Reform Act. Such
forward-looking statements involve risks, uncertainties and other factors which may cause
actual results, performance or achievements of the Company and our subsidiaries to be
materially different from any future results, performance or achievements expressed or
implied by such forward-looking statements. Such risks and uncertainties include: </FONT></P>

<UL>
     <LI> <FONT FACE="Times New Roman, Times, Serif" SIZE=2> The Company's ability to maintain its National Market listing;</FONT>

    <LI> <FONT FACE="Times New Roman, Times, Serif" SIZE=2>    The price of the Company's stock; and</FONT>
<LI><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
 Changes in, or failure to comply with, government regulations and listing
requirements. </FONT>

</UL>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Other risk factors and cautionary
statements applicable to the Company are more fully described in the Company&#146;s Annual
Report on Form&nbsp;10-K as of and for the period ended December&nbsp;31, 2002.</FONT></P>
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Forward-looking statements speak only as of the date the statement was made. They are
inherently subject to risks and uncertainties, some of which the Company cannot predict or
quantify. Future events and actual results could differ materially from the
forward-looking statements. The Company will not undertake and specifically declines any
obligation to publicly release the result of any revisions to any forward-looking
statements to reflect events or circumstances after the date of such statements or to
reflect the occurrence of anticipated or unanticipated events, whether as the result of
new information, future events or for any other reason. In addition, it is the
Company&#146;s policy generally not to make any specific projections as to future
earnings, and the Company does not endorse any projections regarding future performance
that may be made by third parties. </FONT></P>


<P ><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Page 2 </FONT></P>

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