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Excel/BW Legal - Defendant is not RK

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  • beamerguy
    beamerguy Posts: 17,587 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    DoaM wrote: »
    Miss D-T gets paid by BWL regardless of what happens.

    BWL get their fee from Excel regardless of what happens.

    Excel get the court judgment if they win, but they still lose out anyway. (The actual total cost of bringing the claim always far exceeds the amount of judgment - by several hundred pounds). :)

    Simon Renshaw-Smith needs to get his calculator out
  • DoaM
    DoaM Posts: 11,863 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    beamerguy wrote: »
    Simon Renshaw-Smith needs to get his calculator out

    He (and the other PPCs) have already done so. It's a numbers game ... for every defended claim there'll be at least 10 where the defendant pays up before court or doesn't defend and then pays a default judgment (or has a CCJ).

    Let's average claims at £150.

    10 x £150 = £1500 (with costs recovered)
    1 x defended claim costs, say, £500 in total
    Net profit = £1000

    They wouldn't be doing court unless it made financial sense to do so. PPCs are merely using court as a form of general debt collection ... totally against what the court is intended for.
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