Obtaining a Lien Release from a Closed or Failed Bank. 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.The lienholder must print the letter on the official letterhead of the loan company, and an authorized officer must sign the letter. First gather the proof of all payments on the lien and and or the final statement that says it's paid in full. The simplest way to get a release of lien is to pay off the debt owed to the lienholder. Normally it takes up to 14 business days to process a lien release after the final payment. Include the complete name and address of the lienholder on the duplicate title application. Clark St., Room 112, Chicago, IL 60602. The Customs Modernization Act (Title VI of the North American Free Trade. My grandmother was always cooking every day and I was always around her.