![]() ![]() The majority of my creditors have agreed to write off the debts I owe. I am sorry that you are unable to write off the outstanding debt. How do I write a letter to write off a debt? If you endure a painful or difficult situation, you experience it and do not avoid it or give up, usually because you cannot. You have an immediate and heavy financial need even if it was reasonably foreseeable or voluntarily incurred. Generally, you may only withdraw money within your 401(k) account that you invested as salary contributions. You can receive no more than 2 hardship distributions during a Plan Year. How many times can you take a hardship withdrawal?
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