Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started.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. Create a Loan Payoff Letter online and download it as a PDF or Word document. Customize and print a blank Loan Payoff Letter for free. If you are looking to payoff your vehicle, there is a sample letter form that you can use as a guide. The letter should be professional and informative. The Debt Reduction Program provides eligible parents with past-due child support payments the opportunity to reduce the amount they owe to the government. This is an example of a payoff letter used in a syndicated loan transaction. A tax warrant is equivalent to a civil judgment against you, and protects New York State's interests and priority in the collection of outstanding tax debt.