Complete this form and bring it with the license plates, if any, to any Motor Vehicles office. This form must be completed when a vehicle is repossessed.All fields are required to be completed. A title transfer, and therefore ownership, can't be done until any liens listed on the title are satisfied. 1. Enter the lienholder's name and address. Make sure the buyer fills out the Vehicle Identification Certification (Form VTR-270). A signed and dated release of lien is required if the previous owner had a lien recorded on the title. Make sure the buyer fills out the Vehicle Identification Certification (Form VTR-270). If the collection agency has obtained the lien, it is their car, and they can do as they wish within the limits of the original contract. What happens when out-of-state residents have their vehicles towed?