Business
Equipment, Business Property, etc. please provide us with the following required
document(s):
- A copy of the UCC Financing Statement for the property that
you are requesting to be released. The copy must be readable
and clearly show the Debtor's Name and Address, the Name of the
Secured Party, the Filing Number for the UCC and any subsequent
Amendments and/or Continuations
If a copy of the original UCC Filing has been lost or is
unavailable, you'll have to request a printout from the
Secretary of State containing this information, and forward it to
us.
Please remember that FDIC can only accept a release request when the
lienholder is a Bank or Savings and Loan Institution that failed and
has been placed in FDIC receivership, OR, a Subsidiary of a Failed
Bank or Savings and Loan. If you're not sure, please call the DRR
Customer Service Center at 972-761-2077 or toll-free
at 888-206-4662.
It is highly suggested you also provide the following
documents, if available:
- Proof that the loan was paid in full. Proof of Payoff may
include such things as a copy of a "PAID" Note,
copies of payment checks, or anything else that would
indicate payment. This will greatly reduce the amount of research
time and expedite our handling of your request.
Where to send your request
- A request for a Release of Lien must be made in writing.
- You can mail your request to: FDIC, 1601 Bryan Street, Dallas TX
75201 Attention: DRR Customer Service Center
- OR it can be faxed to 703-812-1082
- We ask that you either fax your request OR mail it in.
Please do not do both. Hard to read documents should be mailed or
sent overnight, rather than faxed. Unreadable documents cannot be
processed.
Be sure to include your address and phone number with
your written request.
Because of the large volume of release requests we get,
it may take up to 30 business days
to obtain a release of lien so you may want to plan accordingly.
If you have any questions
you may call the DRR
Customer Service Center at 972-761-2077 or toll-free at 888-206-4662
between the hours of 8:00 am and 5:00 pm Central Standard Time, Monday
through Friday (except Holidays). A Customer Service Representative will
be happy to answer your questions, OR, check out our Frequently
Asked Questions.
Back to How
To Obtain a Lien Release
|