Payoff Request Form. First name, Last name, Account Number (optional), Phone, Street address, Apartment, suite, etc.The State of New York has attempted to collect the overdue above debt which has not been paid. List all assets transferred in any manner during the preceding three years, or length of the marriage, whichever is shorter. A demand letter is an official notice requesting money, possession of assets, or action on a legal matter. Arrange for payoff of loans. The seller should advise its bank of the projected closing date and request a pay-off letter.