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.Talk to your sister to see if this has been paid. Once satisfied, the lender will issue a release of lien and send you the clear title to register in your name. The lienholder must print the letter on the official letterhead of the loan company, and an authorized officer must sign the letter. BMO Harris is now telling me there was a stop payment placed on all of the transactions and the money was returned to my checking out. Get access to direct deposit forms, automatic bill payment forms, and loan management from BMO. Complete the form to download your free New York Mechanics Lien Release Form template. If you have the old title showing the lien and a lien release, you should be fine. But most DMVs can print a new title on demand at their counters.