Instructions. This form must be completed when a vehicle is repossessed. All fields are required to be completed.Repossession laws differ according to the state. Read our article to learn more about the legal procedures in Texas. This article explains when and why your vehicle or property can be repossessed, your rights, and how you might get the property back. Repossession is the process of taking back a car after the owner defaults on their auto loan. Repossession can negatively impact credit scores, but credit bureaus may weigh it differently. Yes, you may still owe money after your car is repossessed. Print and fill out the appropriate form. You may mail the form or bring it in person to the Justice Court, Precinct 4.