UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 11)* Encore Capital Group, Inc. (Name of Issuer) Common Stock ($.01 par value) (Title of Class of Securities) 292554102 (CUSIP Number) John M. Allen, Esq. Debevoise & Plimpton LLP 919 Third Avenue New York, NY 10022 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 10, 2007 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Section 240.13d-1(e), (f) or (g), check the following box [ ]. Note: Schedules filed in paper format shall include a signed original and five copies of the Schedule, including all exhibits. See Section 240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 ("Act") 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). CUSIP No. 292554102 13D - -------------------------------------------------------------------------------- (1) NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Consolidated Press International Holdings Limited - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) SOURCE OF FUNDS OO - -------------------------------------------------------------------------------- (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) [ ] - -------------------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION Commonwealth of the Bahamas - -------------------------------------------------------------------------------- (7) SOLE VOTING POWER 0 ----------------------------------------------------------- (8) SHARED VOTING POWER Number of Shares Beneficially Owned -- by Each Reporting ----------------------------------------------------------- Person With (9) SOLE DISPOSITIVE POWER 0 ----------------------------------------------------------- (10) SHARED DISPOSITIVE POWER -- - -------------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - -------------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.00% - -------------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON HC, CO - -------------------------------------------------------------------------------- Page 2 of 5 CUSIP No. 292554102 13D - -------------------------------------------------------------------------------- (1) NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON C.P. International Investments Limited - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) SOURCE OF FUNDS OO - -------------------------------------------------------------------------------- (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) [ ] - -------------------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION Commonwealth of the Bahamas - -------------------------------------------------------------------------------- (7) SOLE VOTING POWER 0 ----------------------------------------------------------- (8) SHARED VOTING POWER Number of Shares Beneficially Owned -- by Each Reporting ----------------------------------------------------------- Person With (9) SOLE DISPOSITIVE POWER 0 ----------------------------------------------------------- (10) SHARED DISPOSITIVE POWER -- - -------------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - -------------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.00% - -------------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- Page 3 of 5 AMENDMENT NO. 11 TO SCHEDULE 13D This Amendment No. 11 to Schedule 13D is filed by Consolidated Press International Holdings Limited ("CPIHL") and C.P. International Investments Limited ("CPII," and together with CPIHL, the "Reporting Persons") to further supplement and amend the Schedule 13D originally filed by the Reporting Persons on February 22, 2000, as supplemented and amended by Amendment No. 1, dated March 22, 2001, Amendment No. 2, dated August 28, 2001, Amendment No. 3, dated March 4, 2002, Amendment No. 4, dated April 18, 2002, Amendment No. 5, dated August 26, 2003, Amendment No. 6, dated August 29, 2003, Amendment No. 7, dated September 26, 2003, Amendment No. 8, dated October 21, 2003, Amendment No. 9, dated January 20, 2005 and Amendment No. 10 dated April 20, 2007 (the "Schedule 13D"). Items 4 and 5 are hereby supplemented. Unless otherwise indicated, all capitalized terms shall have the same meaning as provided in the Schedule 13D. Item 4. Purpose of Transaction. Item 4 is supplemented as follows: On May 10, 2007, CPII sold 3,563,805 shares of Common Stock to JCF FPK I LP for $9.75 per share pursuant to its Stock Purchase Agreement, dated April 20, 2007, with JCF FPK I LP. In connection with the sale to JCF FPK I LP, Ray Fleming and Peter May resigned from the Board of Directors of the Company. Item 5. Interest in Securities of the Issuer. Following the sale of Common Stock described in Item 4, the Reporting Persons own no shares of Common Stock. Page 4 of 5 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement with respect to the undersigned is true, complete and correct. Date: May 10, 2007 Consolidated Press International Holdings Limited By /s/ Michael Johnston ------------------------------------- Name: Michael Johnston Title: Director C.P. International Investments Limited By /s/ Ray Fleming ------------------------------------- Name: Ray Fleming Title: Director Page 5 of 5