If your account remains in Currently Not Collectible status until the statute of limitations (a.k.a., Collection Statute Expiration Date) expires then the government will no longer be able to collect the debt. The CSED is 10 years from the date of assessment, subject to some exceptions.
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You have the process backwards. While you are in CNC status, the 10 year period for collection continues to run. Once the 10 years passes, the amount is no longer owed, so the lien is removed as the IRS no longer has an interest to protect.
I agree with Attorney Larson. One note: You may have to contact IRS and request a Release of Lien. Otherwise, it may take years to actually see proof of the liability released.
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