A company writes off a debt for a tax break. If they are eventually able to collect on the debt then they have to claim the repayment as income.
Basically a write off or charge of is just an accounting term. They will almost always try to collect on it (even after it is written off) or end up selling it to a CA/JDB.
As far as it being a non-negotiable instrument, I do not believe that would apply to a debt that the consumer failed to pay.
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