Cellular Repo Man
LateNiteTV sends in news of a "kill pill" from LM Ericsson AB that a wireless carrier could use to remotely disable a subsidized netbook if the customer doesn't pay the monthly bill or cancels their credit card. "...the Swedish company that makes many of the modems that go into laptops announced Tuesday that its new modem will deal with [the nonpayment] issue by including a feature that's virtually a wireless repo man. If the carrier has the stomach to do so, it can send a signal that completely disables the computer, making it impossible to turn on. ... Laptop makers that use Ericsson modules include LG Electronics Inc., Dell Inc., Toshiba Corp., and Lenovo." The feature could also be used to lock thieves out of the data on a stolen laptop.
I was under the impression that all cell phones are required to be able to make 911 calls
Sure the bank or lender makes you sign a contract guaranteeing them the right to repossess the object if you fail to honor the payment agreement, but pretty key in that sentence is the word REpossess. They pass possession to you. Now it may also be that the property is the security on the loan, but again, security is a pretty specific concept in law. If the lender owns your property, they can sell it or dispose of it at any time, apropos of anything else. They don't. They retain the contractual right to reposess, claim or lien the security until you satisfy your debt. That is not the same thing.