The documentation and forms required for titling a vehicle are based on the situation involving the vehicle, as described in the table below. Car Repossession information from the NC Department of Justice.Helpful suggestions for those behind on car payments or facing automobile repossession. This agreement not only gives the seller an interest in the property but also specifies the reasons that the seller can use to repossess the property. 1. Enter the lienholder's name and address. Edit, sign, and share right of repossession online. No need to install software, just go to DocHub, and sign up instantly and for free. Locate the vehicle identification number (VIN) and enter it in the specified field. If you took out a loan for your car, missed payments put you at risk of having your car repossessed. In North Carolina, a lienholder has the right to repossess a vehicle if it was used in the commission of a crime.