SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                  SCHEDULE 13G
                                 (Rule 13d-102)


             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
           TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
                            PURSUANT TO RULE 13d-2(b)




                           Encore Capital Group, Inc.
--------------------------------------------------------------------------------
                                (Name of Issuer)

                          Common Stock, $0.01 par value
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    292554102
--------------------------------------------------------------------------------
                                 (CUSIP Number)

                                 April 21, 2006
--------------------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)


     Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:

                [_]  Rule 13d-1(b)

                [X]  Rule 13d-1(c)

                [_]  Rule 13d-1(d)


----------

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the Notes).


<PAGE>

CUSIP No. 292554102

1.   NAME OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

     Second Curve Capital, LLC

2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                              (a)  [_]
                                                              (b)  [X]

3.   SEC USE ONLY


4.   CITIZENSHIP OR PLACE OF ORGANIZATION

     Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5.   SOLE VOTING POWER

     0

6.   SHARED VOTING POWER

     1,142,900

7.   SOLE DISPOSITIVE POWER

     0

8.   SHARED DISPOSITIVE POWER

     1,142,900

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     1,142,900

10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                   [_]

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     5.04%

12.  TYPE OF REPORTING PERSON*

     OO

--------------------------------------------------------------------------------


<PAGE>

CUSIP No. 292554102

1.   NAME OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

     Thomas K. Brown

2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                              (a)  [_]
                                                              (b)  [X]

3.   SEC USE ONLY


4.   CITIZENSHIP OR PLACE OF ORGANIZATION

     USA

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5.   SOLE VOTING POWER

     0

6.   SHARED VOTING POWER

     1,142,900

7.   SOLE DISPOSITIVE POWER

     0

8.   SHARED DISPOSITIVE POWER

     1,142,900

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     1,142,900

10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                   [_]

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     5.04%

12.  TYPE OF REPORTING PERSON*

     IN

--------------------------------------------------------------------------------


<PAGE>

CUSIP No.   292554102

Item 1(a).  Name of Issuer:

            Encore Capital Group, Inc.
            --------------------------------------------------------------------

Item 1(b).  Address of Issuer's Principal Executive Offices:

            8875 Aero Drive, Suite 200
            San Diego, CA 92123
            --------------------------------------------------------------------

Item 2(a).  Name of Persons Filing:

            Second Curve Capital, LLC
            Thomas K. Brown
            --------------------------------------------------------------------

Item 2(b).  Address of Principal Business Office, or if None, Residence:

            405 Lexington Avenue, 52nd Floor
            New York, New York 10174
            --------------------------------------------------------------------

Item 2(c).  Citizenship:

            Second Curve Capital, LLC - Delaware Limited Liability Company
            Thomas K. Brown - United States of America
            --------------------------------------------------------------------

Item 2(d).  Title of Class of Securities:

            Common Stock, $0.01 par value
            --------------------------------------------------------------------

Item 2(e).  CUSIP Number:

            292554102
            --------------------------------------------------------------------

Item 3.     If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b)
            or (c), Check Whether the Person Filing is a:

     (a)  [_]  Broker or dealer registered under Section 15 of the Exchange Act.

     (b)  [_]  Bank as defined in Section 3(a)(6) of the Exchange Act.

     (c)  [_]  Insurance  company as defined in Section 3(a)(19) of the Exchange
               Act.

     (d)  [_]  Investment  company  registered under Section 8 of the Investment
               Company Act.

     (e)  [_]  An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

     (f)  [_]  An employee  benefit plan or endowment  fund in  accordance  with
               Rule 13d-1(b)(1)(ii)(F);

     (g)  [_]  A parent  holding  company or control  person in accordance  with
               Rule 13d-1(b)(1)(ii)(G);

     (h)  [_]  A savings  association  as defined in Section 3(b) of the Federal
               Deposit Insurance Act;

     (i)  [_]  A  church  plan  that  is  excluded  from  the  definition  of an
               investment  company  under  Section  3(c)(14)  of the  Investment
               Company Act;

     (j)  [_]  Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

Item 4.  Ownership.

     Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.

     (a) Amount beneficially owned:

         Second Curve Capital, LLC - 1,142,900 shares
         Thomas K. Brown - 1,142,900 shares
         -----------------------------------------------------------------------

     (b) Percent of class:

         Second Curve Capital, LLC - 5.04%
         Thomas K. Brown - 5.04%
         -----------------------------------------------------------------------

     (c) Number of shares as to which Second Curve Capital, LLC has:

         (i)   Sole power to vote or to direct the vote

               0 shares with sole power to vote or to direct the vote,

         (ii)  Shared power to vote or to direct the vote

               1,142,900 shares with shared power to vote or to direct the vote.

         (iii) Sole power to dispose or to direct the disposition of

               0 shares with sole power to dispose or to direct the
               disposition of,

          (iv) Shared power to dispose or to direct the disposition of

               1,142,900 shares with shared power to dispose or to direct the
               disposition of.

     (c) Number of shares as to which Thomas K. Brown has:

         (i)   Sole power to vote or to direct the vote

               0 shares with sole power to vote or to direct the vote,

         (ii)  Shared power to vote or to direct the vote

               1,142,900 shares with shared power to vote or to direct the vote.

         (iii) Sole power to dispose or to direct the disposition of

               0 shares with sole power to dispose or to direct the
               disposition of,

          (iv) Shared power to dispose or to direct the disposition of

               1,142,900 shares with shared power to dispose or to direct the
               disposition of.

Item 5.  Ownership of Five Percent or Less of a Class.

     If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities check the following [ ].

         N/A
         -----------------------------------------------------------------------

Item 6.  Ownership of More Than Five Percent on Behalf of Another Person.

     If any other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class, such
person should be identified.  A listing of the shareholders of an investment
company registered under the Investment Company Act of 1940 or the beneficiaries
of employee benefit plan, pension fund or endowment fund is not required.

         N/A
         -----------------------------------------------------------------------

Item 7.  Identification and Classification of the Subsidiary Which Acquired the
         Security Being Reported on by the Parent Holding Company or Control
         Person.

     If a parent holding company or Control person has filed this schedule,
pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an
exhibit stating the identity and the Item 3 classification of the relevant
subsidiary.  If a parent holding company or control person has filed this
schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating
the identification of the relevant subsidiary.

         N/A
         -----------------------------------------------------------------------

Item 8.  Identification and Classification of Members of the Group.

     If a group has filed this schedule pursuant to s.240.13d-1(b)(1)(ii)(J), so
indicate under Item 3(j) and attach an exhibit stating the identity and Item 3
classification of each member of the group. If a group has filed this schedule
pursuant to s.240.13d-1(c) or s.240.13d-1(d), attach an exhibit stating the
identity of each member of the group.

         N/A
         -----------------------------------------------------------------------

Item 9.  Notice of Dissolution of Group.

     Notice of dissolution of a group may be furnished as an exhibit stating the
date of the dissolution and that all further filings with respect to
transactions in the security reported on will be filed, if required, by members
of the group, in their individual capacity.  See Item 5.

         N/A
         -----------------------------------------------------------------------

Item 10. Certifications.

         By signing below we certify that, to the best of our
         belief, the securities referred to above were not acquired and are not
         held for the purpose of or with the effect of changing or influencing
         the control of the issuer of the securities and were not acquired and
         are not held in connection with or as a participant in any transaction
         having such purpose or effect.


<PAGE>

                                    SIGNATURE

     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.

April 26, 2006
-----------------
     (Date)

SECOND CURVE CAPITAL, LLC**

(Signature)

By:  /s/  Thomas K. Brown
     -------------------------
         (Name/Title)

Thomas K. Brown, Managing Member

/s/ Thomas K. Brown**
--------------------
Thomas K. Brown

Note.  Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
for whom copies are to be sent.

Attention.  Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).

** The reporting persons disclaim beneficially ownership of the securities
reported herein, except to the extent of their pecuniary interest therein.


<PAGE>


                                                                       Exhibit A


                                    AGREEMENT

The undersigned agree that this schedule 13G dated April 26, 2006 relating to
the Common Stock, $0.01 par value of Encore Capital Group, Inc. shall be filed
on behalf of the undersigned.

/s/ Thomas K. Brown
-------------------
Thomas K. Brown

Second Curve Capital, LLC

By:  /s/ Thomas K. Brown
     ---------------------------
         Thomas K. Brown, Managing Member









SK 21989 0003 664663