tmaxcontact Can access the bootloader menu but if I try Recovery or Rescue then I'm routed straight back to the original error message.
I apologize for being late to this party. Is it the case that powering the device on while holding the volume-down button to enter "Fastboot Mode", then choosing "Recovery Mode" using the volume buttons, then pressing the power button to launch Recovery, does not show the yellow "different operating system" screen but instead shows the red "Cannot load" screen?
Normal entry to Recovery includes a crashed-robot screen. If that is seen, press and hold the power button briefly; while the power button is held, press the volume-up button and release both buttons as soon as the screen changes. That should yield the Recovery menu. Does it?
If a red "corrupt" screen is obtained instead of a regular OS boot and instead of a Recovery menu, that indicates that the system partition is in very bad shape. As Developer-Dude suggested, an out-of-the-blue crash followed up by storage inaccessibility is consistent with a flash storage failure.
It is possible that sideloading a system image for the other A/B slot may restore the system to operation, if the failure is somehow file-system corruption of the active system partition (this is not likely) or if a flash failure is localized. It is also possible that sideloading a system image will fail, if there has been a serious flash storage failure.
Given the age of the device a storage failure is unfortunately quite plausible.