What happens when your car gets repossessed? See your options for best handling this situation and how to avoid it in the first place.The voluntary surrender of a car is when you voluntarily give your vehicle back to the lender when you file for insolvency proceedings. In Ontario, if you have a car loan or lease and your payments go into default, the lender or lessor generally has the right to repossess your vehicle. This article covers the basics of aircraft repossession and the enforcement of aircraft security interests in Canada. The demand must be presented to the Licensed Insolvency Trustee (LIT) using Form 75 and must contain all the details of the transaction. Let's say you are neither an American or a Canadian citizen. Can a repo man find you in Canada if you have unpaid debts in the USA? Canadian repo guy here. I do leased vehicles only.