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[SEARCH FINANCIAL SERVICES INC. LETTERHEAD]
March 17, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Re: Registration Statement on Form S-4
File No. 333-41469
Gentlemen:
Search Financial Services Inc. ("SFSI") hereby applies to the
Securities and Exchange Commission for consent to the withdrawal of the
above-captioned registration statement pursuant to Rule 477 promulgated under
the Securities Act of 1933, as amended. The registration statement has not
become effective, and the exchange offer that was the subject of the
registration statement is not being pursued. Pursuant to a Chapter 11 Plan of
Reorganization confirmed by the United States Bankruptcy Court for the Northern
District of Texas that became effective in November 1998, all of the outstanding
common and preferred stock of SFSI was cancelled.
If you have any questions regarding the foregoing, please contact me at
(214) 377-1125.
Sincerely,
/s/ Larry E. Levey
Larry E. Levey
President
cc: Mr. Alfred Barbagallo
