Yes, it's not too difficult to remove passwords from older Toshiba models.
There are 2 ways, basically. One uses a dongle on the parallel port, the
other uses a floppy diskette with some magic bytes in a particular place on
the disk. Both the dongle and pre-made floppies are sold on E-Bay. With a
bit of effort, you can track down information on how to make either
yourself.