Where can I sell my iphone 5? - 2

I have a six month old iphone 5 that looks new, and I'd like to sell it so I can get the new iphone 5s when it comes out. The only thing is, it's under a verizon contract that has been suspended for non payment. Do I have any options besides breaking the contract? I mean people sale stolen iPhones all time so there had to be a way to do it. I'm not saying my phone is stolen (its definitely not) i'm just making the comparison because those stolen phones people sale are also under contracts, and people still buy them. Any advice would be appreciated.

You can see what its worth here:

http://phonetroops.com/sell-your-smartphone/

its also possible to sell your contract.

Terminate your current contract and sell your iPhone 5 with NextWorth! They offer competitive prices, even enough to help you get the iPhone 5S for free. Also, they're running a promotion for a 10% bonus value on all trade-ins. Use the promo code, "TODAYSIPHONE" at checkout.