Encore and Members of Congress Empower Consumers Through Debt Forgiveness Tax Relief

Encore and Members of Congress Empower Consumers Through Debt Forgiveness Tax Relief

— Legislation Would Help Millions of Americans on Their Path to Financial Well-Being —

SAN DIEGO, July 21, 2015 (GLOBE NEWSWIRE) — Encore Capital Group, Inc. (NASDAQ:ECPG), an
international specialty finance company, announced today that it has taken its consumer-centric focus to a new level by collaborating with U.S. Reps. Scott Peters (CA-52) and Duncan Hunter (CA-50) to create a bill that would exempt up to $2,500 worth of forgiven personal and household debt from federal taxation. The bill (H.R. 2640) was recently introduced as the “Consumer Debt Forgiveness Tax Relief Act of 2015.”

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