If you have funds available save up and try to settle with them when they contact you. You might be able to pay 1/3 or 1/2 of what you owe. I would offer 1/3

If you have funds available save up and try to settle with them when they contact you. You might be able to pay 1/3 or 1/2 of what you owe. I would offer 1/3 and have 1/2 saved up. Keep in mind that you'll most likely have to pay income taxes on the portion you don't pay back. They would also file a claim against you in small claims court trying to get a judgement against you for the amount you owe. So when you do get served contact them and try to work out a settlement or payment arrangement. And make sure to attend any court dates. I don't expect they are worried about your estimated income at the time the cards were issued.