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. This form must be completed when a vehicle is repossessed.All fields are required to be completed. This page will provide an overview of Texas's Repossession Laws and what you should know if you've fallen behind on car payments. The total processing time for a company application is approximately 4 months provided the application is complete and contains no deficiencies. Occasionally I would do a repo here and there. Texas, local in Dallas. Complete Agreement or Modification. Most of the time banks do those proper things in the purchase agreement. For example, if you are in possession of a GAP product that originally covered your terms (i.e.