The legal owner must give you 15 days written notice before they can sell or otherwise dispose of your vehicle. This notice must be provided within 60 days after repossession. This notice should tell you how to redeem your vehicle and should give you the name and address of the person to contact about payment. Usually, you will be able to reinstate your loan contract by paying your back payments and the repossession fee, unless the legal owner can prove that you did one of the following: A. gave false information on your loan application B. hid the vehicle to keep it from being repossessed C. kept the vehicle in bad repair or damaged it on purpose If the vehicle loan is with your credit union or a finance company, the above information may not apply to you.