Car Repossession information from the NC Department of Justice. Helpful suggestions for those behind on car payments or facing automobile repossession.Notice Of Vehicle Repossession Letter Template ✓ easily fill out and sign forms ✓ download blank or editable online. The personal property may be reclaimed within the thirty. (30) day time period. If your car is repossessed, the lender must give you certain notices after the repossession and after it sells the car. The documentation and forms required for titling a vehicle are based on the situation involving the vehicle, as described in the table below. Once you're in default, the lender might be able to repossess your car at any time, without notice, and come onto your property to take it. Upon default, the lienholder often has the right to immediate repossession unless there is a "grace period" provided for in the language of the contract. Magistrates decide cases in small claims court.
