Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Masih Ashish
 2. Date of Event Requiring Statement (Month/Day/Year)
06/05/2013		 3. Issuer Name and Ticker or Trading Symbol
ENCORE CAPITAL GROUP INC [ECPG]
(Last)
(First)
(Middle)
3111 CAMINO DEL RIO NORTH, SUITE 1300		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Sr. VP, Legal Collections Ops.
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SAN DIEGO, CA 92108		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 35,708 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy)   (2) 02/25/2020 Common Stock 6,600 $ 17.9 D  
Non-Qualified Stock Option (right to buy)   (3) 08/20/2019 Common Stock 40,000 $ 13.17 D  
Non-Qualified Stock Option (right to buy)   (4) 03/15/2021 Common Stock 25,000 $ 24.65 D  
Non-Qualified Stock Option (right to buy)   (5) 04/06/2022 Common Stock 12,500 $ 22.17 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Masih Ashish
3111 CAMINO DEL RIO NORTH, SUITE 1300
SAN DIEGO, CA 92108		       Sr. VP, Legal Collections Ops.  

Signatures

/s/ Melissa A. Resslar, Attorney-in-Fact for Ashish Masih 06/10/2013
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) These shares include (i) 12,333 unvested restricted stock units (each of which represents the right to receive one share of Encore common stock), which will vest by August 20, 2014 and (ii) 9,333 unvested restricted stock awards (each of which represents the right to receive one share of Encore common stock), half of which vest on March 9, 2014 and the other half on March 9, 2015.
(2) Grant to the reporting person on February 25, 2010 of a non-qualified stock option under the Encore Capital Group Inc. 2005 Stock Incentive Plan (the "2005 Plan"). All shares under the option have become vested and exercisable.
(3) Grant to the reporting person on August 20, 2009 of a non-qualified stock option under the 2005 Plan. Three-fifths of the shares granted under the option have become vested and exercisable. One-fifth of the shares granted under the option will become vested and exercisable on August 20, 2013, and the remaining one-fifth of the shares granted under the option will become vested and exercisable on August 20, 2014.
(4) Grant to the reporting person on March 15, 2011 of a non-qualified stock option under the 2005 Plan. Two-thirds of the shares granted under the option have become vested and exercisable. The remaining one-third of the shares granted under the option will become vested and exercisable on March 9, 2014.
(5) Grant to the reporting person on April 6, 2012 of a non-qualified stock option under the 2005 Plan. One-third of the shares granted under the option became vested and exercisable on March 9, 2013. One-third of the shares granted under the option will become vested and exercisable on March 9, 2014, and the remaining one-third of shares granted under the option will become vested and exercisable on March 9, 2015.
 
Remarks:
Exhibit List:
24 - Power of Attorney

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