A 10 day payoff is crucial to getting your old loans paid off during a refinance. Learn how it works from start to finish.An IOU (I Owe You) is a legal document that sets out the details of a loan made between two people, a borrower, and a lender. Detailed instructions are included in the complete packet for each type of filing. For debit or credit card payments please include an ePayment Checklist. Download Adobe Reader or use other PDF software to view PDF forms. Most DMV forms can be saved and filled out on your computer. Search Official Records for liens. To find a payoff amount, please contact the creditor or Liening party for the correct amount. I also understand that when payment is made in accordance with the payoff demand statement, my equity line of credit will be closed.