Your contract may specify that your vehicle can't be repossessed until you are, for example, 90 days delinquent on your account. Use Fill to complete blank online VIRGINIA DEPARTMENT OF MOTOR VEHICLES pdf forms for free.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. Repossession agents work on commission. When you sign a purchase agreement and take possession of a car, you will not be able to cancel the agreement, even within a limited amount of time. Use the Repossession Processing window to record the repossession status of vehicles. Overestimating Value of a Trade-in May Be Dealer Fraud. Protecting And Fighting For Consumer Rights in VIRGINIA. Of law, to include repossession of a vessel for nonfulfillment of contract. (2) Payment of any pickup charge provided for in the rental agreement.