He points out that an unregulated debt collector used the winding up petition process to extract payments without really understanding enough about the procedure.
Examples of wrong doing include the following;
- Not allowing enough time for the debtor to pay the amounts due
- Not giving sufficient warning of legal action
- Threatening to publicize the petition which is not in accordance with the regulations i.e. sending a copy to your bank.
- Adding unreasonable costs to the application to put on further pressure.
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