i think the damage here is not about the RM2k but your credibility. i too think that they may not pursue with lawsuit, that's my two cents, but the possiblity of you being in the black list is quite high.

i do not know how far fetched the list will be. you may try your luck as i am sure you are not the first to MIA.

but personally, i will try to resolve the matter amicably and hopefully without any compensation required.