The lienholder must print the letter on the official letterhead of the loan company, and an authorized officer must sign the letter. Obtaining a Lien Release from a Closed or Failed Bank.No personal checks will be accepted. What you should do is contact your bank or another service to get a loan to pay off the remainder of the original lien. 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 way it works is you have to submit a very specific document um called the lean satisfaction or lien release to the dmv. Notice of Lending forms can be purchased at stationery stores that carry legal forms.