Debt Collection

Additional information
There are a lot of possibilities here. The first question is whether you have the ability to pay the
debt by obtaining a lump sum (borrowed from friends or family, or maybe payment on a bonus, or whatever)If you can, then you can offer a lump-sum settlement. Some creditors are willing to compromise the debt simply to get a quick payment.

If not, then can you make payments over time? If you can, then you can contact the attorney with a payment plan proposal. What the creditor is willing to accept? I suggest that if you can afford to make substantial regular payments, then call the other side to see what this creditor's requirements may be to make an agreement for payments.

If you can't afford payments, then your options are more limited. You may be limited to either allowing a judgment to be enterend against you or declaring bankruptcy. You may want to consult with a Bankruptcy lawyer to see what consequenses that having a judgment and filing bankruptcy may have for you in your state.