Originally Posted by JohnDThompson

If the axle is long enough, you can put spacers on each side to increase the OLD to 130mm to match your frame. Make sure enough axle protrudes through the dropout to fully engage the nuts, though. Or you can cold-set the frame down to 124mm to match the hub (assuming steel frame) and align the dropouts so they're parallel again. Or live dangerously and use the hub nuts to squeeze the dropouts down to 124mm spacing without cold-setting. This carries a slightly higher risk of axle failure as the dropout faces will be slightly out of alignment.