Form Number, Form Name, Category. B 101, Voluntary Petition for Individuals Filing for Bankruptcy, Individual Debtors.This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. Here are a few steps you can take to rebuild your credit, ensure your financial future, and make sure you get the most from your new debtfree status. This payoff letter sets forth payoff arrangements for a loan facility among borrowers, guarantors, a syndicate of lenders, and an agent for the syndicate. A description of the pros and cons of reaffirming debts in Bankruptcy Court and what happens in a reaffirmation agreement hearing.