Rachel recently had this happen with red fabrics in her quilt. Bled all over. Nightmare.
Here's her thread. And it has a VERY happy ending.
http://www.quiltingboard.com/t-144836-1.htm
Her fixit post is on the 2nd page in the middle. But worth it to read the whole thread for all the suggestions.
But PaperPrincess is right - NO DRYER.
ooc, did you use a front loading machine?
Sorry this happened to you but it's not yet necessarily a permanent disaster.