have outstanding credit approx. 60k. for about 8years since last minimum payment was made on each consumer debt. (credit card)& no payments made towards 40k medical debt. is there a statute of limitations as far as a time span since the debts are considered delinquent to now that collections can no longer be persued, and if so can i at all clear it up on my credit record by just not paying. some debts were accrued in n.y. and some debts were accrued in n.j. medical debt in n.y. 40k.