Repossession Affidavit. Lienholders use this form to report repossession of a vehicle or vessel.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. 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. If your car is repossessed, the lender must give you certain notices after the repossession and after it sells the car. D.C. law requires the debt collector to mail you a written notice at least 10 days before repossessing your vehicle. After repossessing your car, the loan company is usually required to send you some sort of notice of repossession form. Fill out forms to Answer a Lawsuit for Debt Collection. Washington Forms Online.
