This form must be completed when a vehicle is repossessed. All fields are required to be completed.We are a family owned and operated repossession agency on the East side of Houston. Repo's Allowed: If repossession discussed with debtor the secured party must give a ten-day notice otherwise peaceful repossession allowed. Repossession forms serve as the bridge between financial institutions, borrowers, and the collateral they've financed. Information about your rights as a consumer under Texas laws, how to recover your vehicle if it has been towed away, and how to submit formal complaints. SCA's Huge selection of repo cars for sale in Houston (TX). Collecting the Debt. Those rights are set forth in the purchase payment agreement. How do I fill this out?