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#11
A true low level format has not been possible for many years. What is often called a low level format is simply a disk wipe. This will of course destroy all the data on the drive, that being it's primary purpose. A disk wipe doesn't really fix anything, it just causes the bad sectors to be mapped out so they won't be used. Bad sectors are often caused by some internal issue, usually unknowable, and it will still be there.
I wouldn't spend any time on a drive with bad sectors that are causing a problem. Back in the 1980's you could spend $1000 for a 10 MB drive. Then it made sense to keep a failing drive going. Now it is a waste of time.