Encore Capital Group, Inc. purchases and manages charged-off consumer receivable portfolios. Encore Capital Group, Inc receivable portfolios include unsecured, charged-off domestic consumer credit cards, auto loan deficiency, and telecom receivables purchased from national financial institutions, major retail credit corporations, telecom companies, and resellers. Encore Capital Group, Inc, through its subsidiary, Ascension Capital Group, Inc., also provides bankruptcy services to the finance industry, including negotiating bankruptcy plans, monitoring and managing the consumer's compliance with bankruptcy plans, and recommending courses of action to clients. Encore Capital Group, Inc. was founded in 1998 and is headquartered in San Diego, California.