Car Repossession information from the NC Department of Justice. Helpful suggestions for those behind on car payments or facing automobile repossession.This page will provide an overview of North Carolina's Repossession Laws and what you should know if you've fallen behind on car payments. The documentation and forms required for titling a vehicle are based on the situation involving the vehicle, as described in the table below. In North Carolina, creditors have the legal right to repossess your vehicle if you fall behind on your loan payments. The security agreement allows the seller of the car to repossess the car without going to court if you are in default. 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. Pull out your loan paperwork and review the terms related to repossession and redemption. After repossession of a vehicle the creditor is required to provide you written notice of the sale information. Fill in the debtor's name and the vehicle's details.
