This fact sheet talks about repossessions, what can be taken, and what to do if your property is being repossessed. 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.We strongly encourage you to file your complaint using our online complaint forms as it is the quickest way for us to receive and process your complaint. What should I do with my insurance if my car is repossessed? This article will explain what "replevin" is, and why this type of lawsuit can be useful for recovering personal property. This page will provide an overview of Minnesota's Repossession Laws and what you should know if you've fallen behind on car payments. When can a creditor repossess? The lending agency has the right to take possession of the item on the strength of this interest without court action, ie, repossession of collateral.