Louisiana Release by Motion and Order to Cancel Notice of Property Bond is a document used to cancel an existing security interest in property in Louisiana. It is commonly used when a debtor has failed to make payments on a loan or other debt. This document releases the creditor's lien from the property and cancels the Notice of Property Bond filed with the court. There are two types of Louisiana Release by Motion and Order to Cancel Notice of Property Bond: one is used when the debt has been paid in full and the other is used when the debt has been discharged in bankruptcy. This document must be filed with the court in order to remove the lien from the property and cancel the Notice of Property Bond.