Someone sold me a mobile phone and it's emi is pending.
4 months ago
Someone sold me a mobile phone and it's emi is pending he assured me that the last due is after 2 days and now his mobile number if switched off. what should I do? because the phone will get ocked I assume when the EMI would be pending for a long time.
A.Dear Client,
A hypothecated article/item cannot be a subject matter of the transaction of sale or purchase in the absence of consent from the lender., Once a loan becomes unpaid, the lender shall proceed with the routine process of recovery of the loan from the borrower who sold the mobile to you. Every mobile set has a unique code number which is known as IMEI Number (International Mobile Equipment Identity) and in case the mobile is misused by the seller for any criminal act or conspiracy and if the same is seized from the crime scene or from elsewhere, the owner of the mobile set can be traced out through IMEI number by the cyber crime cell/CBI in course of an investigation and being the mobile is now under your custody post-purchase, you may face legal consequences. If so happens, reach out to an Advocate for guidance and steps.
A hypothecated article/item cannot be a subject matter of the transaction of sale or purchase in the absence of consent from the lender., Once a loan becomes unpaid, the lender shall proceed with the routine process of recovery of the loan from the borrower who sold the mobile to you. Every mobile set has a unique code number which is known as IMEI Number (International Mobile Equipment Identity) and in case the mobile is misused by the seller for any criminal act or conspiracy and if the same is seized from the crime scene or from elsewhere, the owner of the mobile set can be traced out through IMEI number by the cyber crime cell/CBI in course of an investigation and being the mobile is now under your custody post-purchase, you may face legal consequences. If so happens, reach out to an Advocate for guidance and steps.
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A.Dear Client,
If the seller assured you that the last EMI is due in two days and has since become unresponsive with a switched-off mobile number, it's essential to take proactive steps. Firstly, try reaching out to the seller through alternative means, if possible. If communication remains unsuccessful, contact the financing institution responsible for the EMI payments. Provide them with details about the purchase, the seller's information, and any documentation you may have. Explain the situation and inquire about the outstanding EMI. Keep a record of all communications and attempts to contact the seller. If needed, consult with legal advice to understand your rights and options in case the phone gets locked due to prolonged pending EMI. Swift action is crucial to address this matter and avoid any inconvenience or adverse impact on the purchased mobile phone.
If the seller assured you that the last EMI is due in two days and has since become unresponsive with a switched-off mobile number, it's essential to take proactive steps. Firstly, try reaching out to the seller through alternative means, if possible. If communication remains unsuccessful, contact the financing institution responsible for the EMI payments. Provide them with details about the purchase, the seller's information, and any documentation you may have. Explain the situation and inquire about the outstanding EMI. Keep a record of all communications and attempts to contact the seller. If needed, consult with legal advice to understand your rights and options in case the phone gets locked due to prolonged pending EMI. Swift action is crucial to address this matter and avoid any inconvenience or adverse impact on the purchased mobile phone.
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