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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Act of 1934
NCO Group, Inc.
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(Name of Issuer)
Common Stock, no par value
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(Title of Class of Securities)
628858102
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(CUSIP Number)
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 ("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).
Page 1 of 4 Pages
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CUSIP NO. 628858102 13G Page 2 of 4 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NUMBER OF ABOVE PERSON
Charles C. Piola, Jr.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
Not Applicable.
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5 SOLE VOTING POWER
1,062,827
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NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY
EACH --------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 1,062,827
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8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,062,827
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* See Item 4 [X]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
15.8%
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12 TYPE OF REPORTING PERSON*
IN
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* SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 4 Pages
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Item 1(a) Name of Issuer:
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NCO Group, Inc. (the "Corporation")
Item 1(b) Address of Issuer's Principal Executive Offices:
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1740 Walton Road
Blue Bell, PA 19422-0987
Item 2(a) Name of Person Filing:
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Charles C. Piola, Jr.
Item 2(b) Address of Principal Business Office:
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NCO Group, Inc.
1740 Walton Road
Blue Bell, PA 19422-0987
Item 2(c) Citizenship:
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United States
Item 2(d) Title of Class of Securities:
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Common stock, no par value
Item 2(e) CUSIP Number: 628858102
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Item 3 Not Applicable
Item 4 Ownership:
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(a) Amount Beneficially Owned: 1,062,827(1)
(b) Percent of Class: 15.8%
(c) Number of Shares as to which such person has
(i) sole power to vote/direct the vote: 1,062,827
(ii) shared power to vote/direct the vote: -0-
(iii) sole power to dispose/direct the disposition
of: 1,062,827
(iv) shared power to dispose/direct the
disposition of: -0-
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(1) Excludes 140,518 shares held in trust for the benefit of Mr. Piola's
children, as to which Mr. Piola disclaims beneficial ownership.
Page 3 of 4 Pages
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Item 5 Ownership of Five Percent or Less of a Class:
Not Applicable.
Item 6 Ownership of More Than Five Percent on Behalf of Another Person:
Not Applicable
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent
Holding Company:
Not Applicable.
Item 8 Identification and Classification of Members of the Group:
Not Applicable.
Item 9 Notice of Dissolution of Group:
Not Applicable.
Item 10 Certification
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired
in the ordinary course of business and were not acquired for
the purpose of and do not have the effect of changing or
influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in
any transaction having such purposes or effect.
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.
Date: 1/27/97 /s/ Charles C. Piola
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Charles C. Piola, Jr.
Page 4 of 4 Pages
