RE: BEING SUED - WARNING
The judgement is only as good as his ability to collect.
He can't garnish wages or lein your property without further court action, and if he takes it to a collection agency, he won't get the full amount anyways.
Ignore him.
If he starts making phone calls, document (and record) the calls. If he violates any of the terms of the Fair Credit Collection act, you've got him on a countersuit.