Can you send me a lien release letter? Please contact us at 800-727-7000 and provide the following information to a representative.I contacted Ford Credit to get me a lien release. Do I still pay interest on a payment extension? Liens can be filed with the New York State DMV for all titled vehicles, boats, and manufactured homes (MFH). What can I do about a lien on a car if the lienholder went out of business ? I can't sell the car without a satisfaction of lien letter. The FDIC may be able to assist you in obtaining a lien release if the request is for a customer of a failed bank that was placed into FDIC receivership. Electronic lien releases are typically processed within 7–10 business days of receipt of payoff. Talk to your bank that holds the lien, tell them you are selling and they will tell you how to handle.