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Best to avoid them.
Pretty sure the debt is secured against the phone -- so fair game for the "Repo Man".
I don't see why it would be a problem if the seller states clearly that the phone is blacklisted and only for parts.
Personally, I would avoid trying to sell anything that may come back to haunt me.
A lot of people are impulsive or don't bother to read the entirety of listing descriptions, which leaves you open to screams of getting stiffed with a blacklisted device.
The International Mobile Equipment Identity (IMEI) 15 digit number is a unique identification or serial number that all mobile phones and smartphones have.
The IMEI number can be found by entering *#06# on your phone’s call screen, sometimes in your phone’s settings, on the back of your phone or tablet, under the battery pack, or on the box your phone came in.
*#06# worked on my Samsung phone.
Based on this number, you can check some information about the device.
IMO, except for the unaffected parts, blacklisted phones are useless, and not worth the grief trying to rectify.
The phone is blacklisted due to an unpaid bill.
So they guy offering you the phone isn't willing or able to pay the bill on his phone.
If he won't treat his bills honestly, by paying them or by arranging a return for credit, what makes you think he will treat you any better?
Lay down with dogs, get up with fleas.