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. 1. Enter the lienholder's name and address.The lien holder can customize the vehicle repossession form to suit their needs. Complete this form and bring it with the license plates, if any, to any Motor Vehicles office. Return of Personal Property: The lienholder is generally required to return any personal property found in the repossessed vehicle to you. Repo cars are usually auctioned completely as is. When it sells the proceeds go t the bank or lienholder. Any lienholder requesting to participate in the ELT program must complete an Electronic. When I was repossessing in the 80's and 90's there were over 1000 cars repo'd every month in the San Jose area. Interest (lien) in the vehicle.