I certify that I, or the firm, company, or corporation I am authorized to represent, am the legal owner within the meaning of California Vehicle Code. How do I fill this out?California law permits cars to be repossessed after one late or missed loan payment. Cars may be repossessed after missed insurance payments as well. The notice must also disclose the charges for storing the car and any personal effects. Don't Lose Your Car to Repossession in the First Place. Order, repossession certificate, etc. The lienholder shall conduct the sale in a commercially reasonable manner. In October of 1989, GMAC of Rancho Cordova, CA, was the initial participant in the ELT pilot. Many forms require signatures from a Notary Public or a DMV representative to be valid.