Thank you for your question.
Unfortunately you have only four choices that I see:
1. Pay the debt;
2. Allow the debt to go to judgment - In this scenario, the creditor will be able to attach most assets that you own to satisfy the debt.;
3. Chapter 7
bankruptcy - Eliminate personal liability on most debt; Retain only exempt assets, Obtain a fresh financial start.; or
4. Chapter 13 bankruptcy - Pay back debt or a percentage of the debt on a court ordered payment plan.
I wish that there were other choices.
Best wishes for a successful outcome. If you have additional questions, please do not hesitate to submit them to me directly.
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THIS IS FOR INFORMATION ONLY. NO ATTORNEY-CLIENT RELATIONSHIP EXISTS. PLEASE CONSULT A LAWYER IN YOUR STATE FOR LEGAL ADVICE