Do debts create problems to re-enter USA ?

by LAKE
(INDIA)

Hi:I had two very old debts to pay (1)phone bill (approximately $1500) and my apartment rent (approximately $2500) that i did not paid in 2001 in Virginia because of my immigration problem as i did not get extension of my H1 Visa and i left US and came back to my country. recently last year in October 2009 i again wanted to go to USA and tried for a visitor Visa but embassy denied me and gave me a letter stating denial under section 223(g)and gave me one year from the date to take action otherwise my application will be cancelled.

my question is section 223(g) is it related to my debts ? And if is it related to debts i really would like to pay them off. Please guide me. What i can do if i m not in USA and how much my amount will be in 9 years ? Do they settle the debts in less amount?

How can i figure out what is my total amount that i have to pay? i be so grateful for your priceless help at this time please advise briefly.

Thanks