To sum up, I am writing this letter to inform you that I wish to foreclose the loan. Moreover, my loan ID is xxxxx and I opted for (no.This judicial process can take anywhere from a few months to a few years to complete. The loan foreclosure request letter format is pretty simple if you have all the details with you. I have not made a car payment in 11 months. The car has not been repossessed and have not heard from a loan company. Obtain Documents: Once the balance is settled, request a car loan foreclosure completion letter and a lien release from your lender. An acknowledgment letter; A loan closure certificate; A certificate confirming you no longer owe anything to the bank. I request you to kindly close my car loan account and provide me with all the original documents I had submitted when I applied for the loan. Arial image of suburban neighborhood with trees, homes and roads.