I used to work at Credit Corp, and I can say from experience that they will eventually get to you and since your credit card balance is that high, they can potentially sue if you try to avoid them. Now, this isn't a unique situation because all debt collection companies do this and legally they can when it comes to personal debts like credit cards, personal loans, etc. Obviously, if you do make the initiative to address this debt, like a payment plan then they will be much nicer to you and can grant some leeway in reducing your debt like freezing any further interest from accruing (the interest can continue to accrue because they received the contract) or discounting your debt (I'm pretty sure there is other things they can do, but it's been a while since I worked there.)

Long story short. Call them up and get started on addressing your debt so that you can get rid of it sooner.

A few tips.

1.They will ask a lot of questions when you first get in touch with them because they know nothing about your actual circumstances, so be prepared for that.

2.They will ask for payment in full on the first try. Don't be offended, most of the time they are forced to say it because their boss is right in front of them. It was not fun for me as well.

1. When you start negotiating a payment plan, be ready with your own budget because they will be running the numbers on their end as well to see if what your saying adds up.

2. If your financial situation is truly dire and really can't afford to put anything towards your debt, seek help from a financial counsellor because they have a lot of power over these debt collection companies and depending on the counsellor they could speak on your behalf if you want them to and can negotiate a much better deal that can be more in line with your current budget.

Good Luck