Time Machine issue with Mountain Lion. Can you help?
I have an Iomega Mac Companion used as an external backup drive for my Imac running Mountain Lion. After launching Time Machine, I got an error message that said the backup couldn't' be completed because an error occurred while creating the backup folder. I rebooted and everything was fine for 24 hours. Since then, I get the same error message even after another reboot. In Time Machine preferences it says "oldest backup none" and "latest backup none."
Any suggestions?
GR
iMac (27-inch Mid 2011), OS X Mountain Lion (10.8.2)