A potential option would be to file bankruptcy and discharge the debt.
If you have limited income, then a Chapter 7
bankruptcy would likely eliminate the debt entirely.
An initial consultation for bankruptcy can usually be obtained from a local attorney for free in your area. If not free, then perhaps a small fee.
As far as negotiations, that is certainly possible. However, typically creditors don't negotiate until you are seriously delinquint and unless you have a lump sum to pay them off.
The creditor's recourse if you don't pay would be to sue. If they sued and obtained a judgment, then they could try to garnish wages
, take the money out of your bank accounts, put a lien on property you own, or take other actions. However, if your wages were low enough and if your bank accounts were empty, they might not be able to get much that way.
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