I've had my Maxtor One Touch for about a year now. Suddenly it is saying I need to create a partician (I have no idea what that is) but when I click for it to format I get the message "Partition Creation Failed". Also the Maxtor will not open so I don't know if all my records are gone or not. Can anyone help me?
It looks as if your drive has failed, no doubt the warranty has also expired, but check anyway.
There is a small chance that the fault lies with a connection or cable and the drive itself is ok.
You would need to remove it from the case and connect it internaly if it's a desktop pc, or if it's a laptop get a powered adptor or another case to connect it via usb.
Here is an article you can read about partitions, I won't duplicate web content: http://en.wikipedia.org/wiki/Disk_partitioning