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@EEI
If they guy is reasonable he will make a claim through his insurance company.
Obviously drivers fear this, as it will hike up their premium (which obviously depends on the make of the car and their post code).
Wait and see. Perhaps you will be able to set up a payment plan like suggested by Walrus? Even if it goes through the courts, they will have in mind your financial situation. Make up a budget sheet whith your income and outgoings.