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#11
That can definitely happen - you have contents in System Volume Information but Windows reports no restore points. It happened to me.
Check with TreeSize - it will tell you where the space is being used.
The easiest way to delete them if this is the case is boot from PE (Macrium recovery USB would do) or a Linux repair USB and then just delete the directory.
There is a more complicated way here you could try if you don't want to download anything : can not delete old restore points Solved - Page 2 - Windows 7 Help Forums