Subject Line: Clearly state "Loan Closure Request". You need to write the Foreclosure letter to the branch manager.Also, make sure you state the reason for foreclosure very clear and concise. This article will provide you with the format and samples for a loan foreclosure request letter format and help you write a good letter. Foreclosure Letter: Want to close your loan permanently with the full payment? Understanding Illinois car repossession laws a comprehensive guide to your rights and available options. Learn how the Illinois foreclosure process works, including preforeclosure steps, foreclosure procedures, and homeowner rights. Illinois Legal Aid Online provides a guided interview called an Easy Form that will help you fill out the forms. Do they allow foreclosure? If yes, just visit the bank with a letter that you want to foreclose the loan as per para 123 of the Loan document.