Complete this form and bring it with the license plates, if any, to any Motor Vehicles office. Learn more about New York's repossession laws, what New York repo agents can and cannot do, and what happens after the car is taken away.Repo's Allowed: After 20 day "Right to Cure" letter from lienholder to debtor, repossession allowed without committing a breach of peace. Your contract should say what could put you in default, but not making a payment on time is a typical example. We know your time matters, so please fill out this short form for a FREE CASE REVIEW, and we'll do our best to get a hold of you as soon as possible. A repossessed vehicle is one whose owner has defaulted on a security agreement, ie, failed to make payments on a financed or leased vehicle. 425 - Repossession of Motor Vehicle or Motorcycle; Garageman's Lien; Notice to Police. In some states, not getting insurance stipulated in a loan or lease contract can count as a default, and your car can be repoed because of it. Car Repossession and Bankruptcy.