No information is available for this page. Repo's Allowed: After 20 day "Right to Cure" letter from lienholder to debtor, repossession allowed without committing a breach of peace.A secured party that has the certificate of title but elects not to title the vehicle in their name must complete and submit a dealer purchase receipt (PS2009). The financing company owns the vehicle until you have completed the terms of the contract that you signed. If the secured party has NOT obtained the current Certificate of. Title, this application serves as a combination repossession form and application for title. You agree that you are responsible for all charges arising out of this Agreement.