When I hit send fax, I get the error - 2147024883...method "~" of object "~" failed

Fax4Word uses the fax program that comes with Windows 2000/XP.
To install the Fax component in Windows XP:
Go to the Control Panel
Open Add or Remove Programs in Control Panel.
Click Add/Remove Windows Components.
In the Windows Components Wizard, select the Fax Services check box, and then follow the instructions on your screen.
To add a fax printer in Windows 2000
Click Start, point to Settings, click Control Panel, and then double-click Fax.
On the Advanced Options tab, click Add a Fax Printer.
Once your Fax Driver is installed make sure that Fax4Word is configured to use the correct driver:
Start Microsoft Word.
Click Tools-Fax4Word.
There will be an option to set the Fax Printer. Make sure that this is set to the Windows Fax Printer.