
There Is Nothing More Annoying Than Stripping Out The Head Of A Screw When You Need To Drive The Screw In Or Take It Out
So the trick is how to remove it so you can replace it with a new screw.
If you are lucky it will be out of the wood far enough so you can grab a hold of it with vise grips and twist it out by hand.
But There Is A Better Way. — Have A Look

Rubber band.
So simple