I am getting a time capsule error that the backup disk image can be accessed (error -1) - what does this mean?

When my time capsule tries to perform a back-up - i get the following error message.
The backup disk image "/volumes/data/myname's iMac.sparsebundle" could not be acccessed (error-1).
Is this something that can be resolved or is time capsule dead?

Welcome to Apple Support Communities
That error is caused by different reasons. Have a look at this Pondini's page > http://pondini.org/TM/C17.html

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