What will happen if a writ of replevin is issued against myself for a financed vehicle that I no longer have possession of? Plaintiff, Jim's Furniture Mart, filed a complaint in replevin seeking the return of several items of furniture purchased under a retail installment contract.In most locations, and laws do vary so it may not apply in all, repo companies will notify the police after they have repossessed the car. While repossession does not involve a formal process in court, replevin consists of getting the court to order the consumer to return the vehicle to the lender. 42. The court placed great emphasis on the fact that foreclosure was possible only if that power was included in the mortgage. This right of self-help repossession allows creditors to reclaim their collateral quickly and efficiently. Properly effectuate a repossession or sale of collateral in your jurisdiction. Please list all applicable statutes. If any money is left after the sale and debt, the creditor must pay it to you. 2d 412, 563 N.W.2d 543 (Ct. App.