Repossession Affidavit. Lienholders use this form to report repossession of a vehicle or vessel.Use the Repossession Affidavit template to create a document without hassle and in minutes. You have the right to buy back (to redeem) the repossessed vehicle up until it is sold or within 21 days of getting notice that the lender is going to keep it. 1. Enter the lienholder's name and address. We recommend that you download PDF forms to your computer or network drive, and open them with the latest version of Adobe Reader before filling them out. It's a good idea to send a written demand for your personal property immediately, listing what was in the car when it was repossessed. Personal Property Security Agreement. Please see All DC DMV Locations under About DMV in the menu. Repo's Allowed: After 20 day "Right to Cure" letter from lienholder to debtor, repossession allowed without committing a breach of peace.