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. Who needs to fill out this form?Lenders, auction houses, and individuals involved in vehicle repossession must complete this form. California law permits cars to be repossessed after one late or missed loan payment. Cars may be repossessed after missed insurance payments as well. 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. Edit, sign, and share repossession online. No need to install software, just go to DocHub, and sign up instantly and for free. Explore California's repossession laws and learn how to protect your rights when it comes to vehicle repossession in California. Repossession forms serve as the bridge between financial institutions, borrowers, and the collateral they've financed.