Answered on Jun 06th, 2011 at 3:41 PM
By the time they sure you they aren't willing to negotiate until they get a judgment. They might accept a plan after that or they may garnish your wages or freeze your bank account. Bankruptcy can recover any funds that may be garnished. But when you go to court in the first place, make them prove it's your account, for example by showing your signature on the original contract. Just a name and account number isn't proof the debt is yours.