Lienholders use this form to report repossession of a vehicle or vessel. Take this completed form and a Vehicle.I demand that you return to me all of the personal property in the vehicle immediately. 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. You have the right to redeem the repossessed item up until it is sold or within 21 days of receiving notice that the creditor is going to keep it. 1. Enter the lienholder's name and address. If your car is repossessed, the lender must give you certain notices after the repossession and after it sells the car. Very thankful for them! In Washington State, repossession can occur when you default on a secured loan. After my chapter 7 i told the car loan company to come pick up the car i had.