Effective Cost

Encore Capital Group is a systems-driven purchaser and manager of charged-off consumer receivable portfolios. The company s success is built upon developing mutually beneficial relationships with its customers, debt sellers and buyers, business partners and employees. Portfolios are purchased at deep discounts from their face values using its proprietary valuation process. Based upon an ongoing analysis of these accounts, Encore employs a dynamic mix of collection strategies to maximize its return on investment. Generally, the objective is to purchase portfolios at a price that allows the company to recoup its purchase price within 12 months, and at least three times the purchase price throughout 54 months. The company trades on NASDAQ under the symbol ECPG. It is headquartered in San Diego.

Debt Acquisition Company of America, based in San Diego, CA, specializes in distressed debt and Chapter 11 bankruptcy cases. As a debtor-in-possession, the company helps businesses reorganize their financial affairs and formulate plans of reorganization, providing protection against creditor actions through an automatic stay. With a focus on restructuring and debt repayment, Debt Acquisition Company of America assists companies in emerging from bankruptcy and navigating complex cases. With expertise in bankruptcy law and a commitment to helping businesses overcome financial challenges, Debt Acquisition Company of America offers comprehensive solutions for companies seeking to restructure their operations and pay off debts. Whether a case requires a quick resolution or a longer period of reorganization, the company provides guidance and support throughout the bankruptcy process, working closely with debtors, creditors, and the U.S. Bankruptcy Court to achieve favorable outcomes.Generated from the website