Copy: Submit to Tax Collector's office along with application for Certificate of Title or Certificate of. Repossession. This page will provide an overview of Florida's Repossession Laws and what you should know if you've fallen behind on car payments.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. If your car is repossessed, the lender must give you certain notices after the repossession and after it sells the car. What Happens When They Repo Your Car? If you receive one of the first two notices, you should act immediately to work out a payment plan with your lender. To fill out this form, gather the required information about the lienholder and the vehicle. Enter the details accurately in the designated sections. What Happens After Repossession? Customer: My personal belongings are in a repossessed vehicle (due to default to a loan).