The Arizona Repossession Affidavit form, officially known as form 48-0902, is a crucial document used in the repossession process. I certify that I am the legal owner and a lienholder of record for the vehicle described above, that the vehicle is physically located in.How to fill out the Affidavit of Repossession for Motor Vehicle Title? Edit, sign, and share az repossession online. No need to install software, just go to DocHub, and sign up instantly and for free. Repossession of Property Financing occurs when you buy property (a vehicle, mobile home or furniture) but do not pay the entire sales price at once. Under Arizona law, your creditor doesn't have to notify you before repossessing your vehicle. If the creditor has a secured interest in the vehicle, they have the right to conduct a repossession once the consumer enters into default. You can fill in the numbers of what your car is worth and come to a decent estimate of what you may owe.
