Update to the first post from NSim on 4/8/2020:
As a next step, I deleted Debut off of my computer and installed a new/clean version of the Debut 6.14 software. The software performed as expected recording my screen for about a month. I was just notified that my "trial period" had run out. So I re-entered the Reg Code from my most recent purchase of the software. I now get the message "Unable To Start Recording. Check Encoder Options" again. My software also says "Unlicensed" even though I purchased the software license and entered the Reg Code. Please advise.