To begin the filing process, the plaintiff (the party that is bringing the lawsuit) would need to complete paperwork with information and facts about the case. Enclosed with this letter, you will find a formal payoff statement confirming the full satisfaction of your loan.The Vehicle Payoff Sample Letter form is a crucial document for individuals aiming to transfer their vehicle loan to the State Department Federal Credit Union. Do I need a pre-approval letter for my auto loan? Financial Resources Federal Credit Union located in Branchburg, Flemington, Somerset, Green Brook, Jersey City, and Elizabeth, NJ. Student loan debt relief companies might say they will lower your monthly payment or get your loans forgiven, but they can leave you worse off. Lien Payoff Statement Fees.