Somebody still owns that ISP's assets. Two things, though...
1) Good luck getting $26K from an inmate - at a buck or two a day, twenty-six grand will take a lot longer than two years, and
Assuming he had zero assets before the trial. Any down payment on a mortgage, a car in good shape and you're pretty close.
2) If the courts determined that he only did $26,000.00 worth of damage, I'm guessing this ISP was probably already circling the bowl. After all, if he was solely responsible for breaking this ISP, one would expect a far higher award for damages, regardless of (1), above.
Probably. It could also be that it was easy to prove he did at least $26k worth of damage, he has no more assets and the trustee wants the bankruptcy settled and think the practical value of a higher judgement is zero. Except for when the RIAA/MPAA/BSA want big numbers for PR reasons, they're often willing to settle for what you have.