Some time ago I came up with an idea to move some folders on a Windows computer to another (bigger) drive. From that moment Corel (CorelDraw or Corel PHOTO-PAINT) welcomed me with a message:
Please reconnect the device that has the file is location, or choose a new folder. In the meantime, content will be saved in the Corel default location. You can move the content after the file location is restored.