Encore Capital Group (NASDAQ:ECPG) is a specialized finance company engaged in consumer debt buying and recovery. It acquires portfolios of defaulted consumer receivables at deep discounts to face value and uses a variety of operational channels to maximize its collections from these portfolios. The company operates through a network of subsidiaries in a range of countries, applying a combination of legal, credit management, and customer service strategies to manage recovery. Encore Capital Group's primary objective is to provide financial flexibility and relief to individuals struggling with debt while aiming for strong returns to their investors. They continuously work on expanding their reach and improving operational efficiencies to enhance their portfolio recovery rates.