Complete this form and bring it with the license plates, if any, to any Motor Vehicles office. The following are guidelines to help you formulate a repossession policy for the credit union to follow.Each lien holder participating in the program must establish a Title Escrow Account with NYS DMV. 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. The MV-327 form serves as a crucial document for the repossession of a motor vehicle or motorcycle, outlining the steps a repossessor must take. Lease contract (if applicable). Print and complete the form you need, then return it to the address noted on the form. Before reselling your vehicle at a public sale, the creditor must notify you of the date, time, and place of the sale. Complete the Vehicle Repossession Certificate, Form 263. Complete and download many forms and manuals needed to complete transactions with the SCDMV.
