What will happen to my mobile phone?

Ineedaname

If the phone is considered an asset then surely the OR has precedence over O2?

wildheart83

But is the phone not deemed part of the contract? Eg a bit like hp but on a smaller scale. technically it belongs to the network until the contract runs out? or have I got it completely wrong?

tomjonesrules

messedupmoney wrote: »

If they want the phone back then 1. they're going to have to come and collect it as I wont be posting it anywhere 2. I can't guarantee what condition they'll get it in.

And it is people like you that give bankrupts a bad name. Shameful.

wildheart83 wrote: »

But is the phone not deemed part of the contract? Eg a bit like hp but on a smaller scale. technically it belongs to the network until the contract runs out? or have I got it completely wrong?

Yes, the money paid for the phone was a condition of the contract - ownership of the phone does pass, but (in lay terms) the provider maintains a charge over it for the duration of the contract.

System

>> "And it is people like you that give bankrupts a bad name. Shameful."

Right. So I'm on a contract that I have not defaulted on and (presuming) the OR is OK for me to continue on, but the company decides to pull the contract simply because I've gone BR even though they are not affected. That is what's shameful, so get off your high horse.

Ineedaname

Sorry, my mind was on the fact the OP had paid for the phone and therefore owned it. I presume therefore that the full purchase price of the phone wasn't paid, but a discounted contract price... so therefore O2 do still essentially own the phone.

So in answer to:

watcher27 wrote: »

Thats another question i have! I mostly paid for my phone, so how come O2 can claim it back just like that? I don't owe them money and have NEVER defaulted on any payments with them!

I can understand the OR wanting to sell the phone, but not to just give it to O2?!

Phones that are free on contract are only free because of their low value if lost or damaged, they still belong to the provider until the end of the contract. Premium phones such as the latest iPhone cannot be written off so readily due to their higher value. So you have paid an amount towards the phone effecitvely insuring the provider in case of irrecoverable loss or damage. Just checked the Apple website and the 64Gig iPhone 4 is £699 without a contract.

blondee55

Ineedaname wrote: »

Sorry, my mind was on the fact the OP had paid for the phone and therefore owned it. I presume therefore that the full purchase price of the phone wasn't paid, but a discounted contract price... so therefore O2 do still essentially own the phone.

So in answer to:


Phones that are free on contract are only free because of their low value if lost or damaged, they still belong to the provider until the end of the contract. Premium phones such as the latest iPhone cannot be written off so readily due to their higher value. So you have paid an amount towards the phone effecitvely insuring the provider in case of irrecoverable loss or damage. Just checked the Apple website and the 64Gig iPhone 4 is £699 without a contract.

Can you please explain how you come to that conclusion:)

System

I would *hope* the mobile company decides to grow a brain and allow the contractee to continue providng all other legal obligations are met (i.e the OR approves it). I can understand not taking BR people on, but lopping off their already-present service even though they are not affected just seems like unnecessarily punitive action. Mind you, that kind would require common sense which is missing from most large corporations these days.

Ineedaname

Blondee - Low value as opposed to the higher value of a premium or newly released phone. I don't actually know how they work out which phones to give free with a contract, but finances must surely come into it or they wouldn't make a profit!

blondee55

My contract came with an HTC Windows phone and at over £300 to buy I would not class this phone as cheap!

Ineedaname

I didn't say cheap, I said lower value! As above, the iPhone 4 68Gig is £699 and the OP had to pay a lot towards that price to secure the phone on contract. Obviously there will be good deals to have as those encourage customers, but generally the higher value, newly released phones won't come free with a standard contract. Some providers may offer such phones free with a higher priced contract, but then they are making more money per month so can recoup the cost of the phone that way... They may also offer better phones on cheaper deals to bring more customers to them, it's all about attracting business but everything will have been costed to make them an overall profit, even if a particular deal makes them a loss.