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. Obtaining a Lien Release from a Closed or Failed Bank.The lienholder must print the letter on the official letterhead of the loan company, and an authorized officer must sign the letter. How to write a letter to bank lien holder to request removal of a lien. I have a mechanics lien on a vehicle; need to clear it. First gather the proof of all payments on the lien and and or the final statement that says it's paid in full. In a refinance, the title company handles paying off the bank and is responsible for following up to make sure that the lien has been released. What does a lien release do? A lien release is when the lienholder formally gives up their claim to the vehicle's title. A lien release is when the lienholder formally gives up their claim to the vehicle's title.