Final Cut Pro Won't Save or Recognize Project Files

[sergiom920]

Hi guys, I've been having a little trouble with FCP, all of the sudden it tells me that it does not recognize FCP project files (???)...
I can open my project files, but I cannot save my projects. When I try saving a new project or even an old one, it tells me there's a file error and the file is unknown...
It's really tough to understand what the problem is. This really puts me in a tough place since I need to finish a film by April 15th. Anyone know how I could possibly fix this??
Thanks!!

 

[Filmosity]

Did you recently upgrade FCP from an earlier version?

 

[sergiom920]

Nope, I've done nothing like that, really bizarre thing man...

 

[JimT]

Save Error

Save Error

Check to make sure you have not maxed out your memory. JimT