Why would you pay it off even though one can't collect on it? How, if any, can you get it off your credit report since they can't collect it? Could you, would you, see if they would settle for a lot less and show it as 'paid as agreed' even though you don't have to pay it due to SOL? I mean, you would now be in the driver's seat, right? You don't have to pay but you're willing to give them something for something.