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. 1. Enter the lienholder's name and address. If you need a copy of the form, there are 2 ways to get it: Pick one up at any vehicle licensing office. For example, if you make late payments on the vehicle, or you stop making payments, the lender may have the right to take back (to repossess) your car. Ensure your company's performance with Repossession Order Forms templates. Choose order forms, edit and share them with your customers in a few clicks. After repossessing your car, the loan company is usually required to send you some sort of notice of repossession form. Even if you successfully complete a voluntary repossession, the payments you missed on the auto loan will still appear on your credit report.