These banks will hunt you down, call you 100 times a day, go to your neighbors, work etc.

After they take you to court, and win judgments, then they will make your life a living hell. They will drag you to court and have you disclose all of your income, assets and attach to whatever they can. This will not just go away.

If you decide to file a bankruptcy, they can NOT contact you at all and cant make your life a living hell. As bad as I may make it sound, it will be 1000 times worse then what I am telling you.

You can go the route of just having time pass, but I really dont think that you will be able to put up with it.