i think its good that u wanna settle it off.....i wish you good luck...Arrange some kind of payment.....dont just leave it alone and forget about it cos it will never go away. Worse still, if they sue you for the arreas or for bankruptcy, thats going onto your financial record. Will make it difficult for you to get loans later in life.

If u dont settle it now.....its probably gonna be in the thousands in years to come. Pay it off and close this ugly chapter of your life.