Seek legal advice.
I'm not sure which country you're in or from but get professional legal advice.
You cannot go to jail for civil issues like this, until it has gone through court, then it is usually for non payment or trying to hide assets.
Saying you have since transferred the other businesses means nothing, they'll come after you for the money owed and they will be able to track that you have given these to your wife, aunt or cat.
Even selling the business for $10 won't cut it with a judge, if it's worth $100k.