HT4528 I bought an Iphone 4s 2nd hand and the previous "owner" defaulted his/her Verizon contract and still owed $ for the phone. Did I pay $100 dollars for a paperweight or can I activate it on another service carrier?

I recently purchased an Iphone 4s from an electronics store. I was aware that it had been previously owned, however, I was not informed until an activation attempt that the iphone was on a contract that had defaulted, even worse, the previous owner had not completely paid for the phone. I now have a $100 paper weight with no way to activate it on any other carrier. The customer service representative who informed me of the default status and previous history also informed me that I would never be able to set up an account with Verizon, and i would have to have the iphone jailbroken to use it on anyother network. I do not wish to go that route as it is illegal, and would alter the iphone and I believe apple is supperrior and do not wish to risk altering the iphone's performance capabilities. Please help?

If it is locked to Verizon then only the original account holder can have the phone unlocked.  You have wasted your money

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