If you're late with your car payments, or in some states, if you don't have adequate auto insurance, your vehicle could be repossessed. A licensee shall not repossess a motor vehicle securing a title loan prior to the date specified in the notice.If you don't make your car payments on time, your lender might have the right to take your car without going to court or telling you first. Any personal property left in the repossessed vehicle will be held for thirty (30) days from the date of the mailing of this notice. Any person requesting to modify or reestablish a Payment Agreement for Fines, Costs, Forfeitures and Penalties must complete the. Forms of payment accepted include: Cash (exact amounts only); Credit card (Visa, MasterCard, or Discover only). The following is a sample vehicle repossession letter disputing collection activities associated with a deficiency from a motor vehicle repossession. Unit-By-Unit work write up (rehab only) - PDF or other readable electronic format. Complete the Bankruptcy Forms. You'll have to fill out some lengthy forms when you file for bankruptcy.