In obtaining the payoff demand statement, sellers can better assess whether the liens are valid or whether they have already been satisfied. This is an example of a payoff letter used in a syndicated loan transaction.This payoff letter (including the defined terms such as Lenders,. 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. The Debt Reduction Program provides eligible parents with past-due child support payments the opportunity to reduce the amount they owe to the government.