Your Guide to Virginia's Repossession Laws. This is your authorization for collection or repossession of the above described assignment.Liquidation Documents: Certified copy of Contract (Form 1 Certificate of Repossession from California, Tennessee, Texas). If you don't make your car payments on time, your lender might have the right to take your car without going to court or telling you first. It provides instructions on filling out the form and required documentation. If you can reach an agreement to change your original contract, get it in writing to avoid questions later. Even if you successfully complete a voluntary repossession, the payments you missed on the auto loan will still appear on your credit report. Find out if you can get your repossessed car back. These acquired properties are marketed for sale through a property management services contract that was recently awarded to Vendor Resource Management (VRM). Fairfax County, Virginia - Vehicle Repossession.
