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. The total processing time for a company application is approximately 4 months provided the application is complete and contains no deficiencies.How do I fill this out? This page will provide an overview of California's Repossession Laws and what you should know if you've fallen behind on car payments. If you get behind on your car payments or don't have auto insurance, the loan company can take your car. This is called vehicle repossession. This document is essential for legal owners of repossessed vehicles. It outlines the necessary steps for declaring repossession in California. Edit, sign, and share repossession paperwork online. No need to install software, just go to DocHub, and sign up instantly and for free.