I certify that I, or the firm, company, or corporation I am authorized to represent, am the legal owner within the meaning of California Vehicle Code. The first step is to fill out an FTC Fraud Affidavit, from the Federal Trade Commission website.Have your attorney review the contract prior to repossessing. You can repossess it under the terms of your agreement. You have to provide notice in writing first and allow him an opportunity to correct the overdue bill. When someone takes out an auto loan, they grant the lender a "security interest," otherwise known as a lien, on the vehicle. No, the vehicle dealership cannot repossess the vehicle for a missed deferred downpayment. This is what is known as a "repossession. Sold the car in San Jose and the ticket was issued in Oakland. The form must be filled out in full.