Was coming to that conclusion since it looked like this conversion process was a lost cause. By suggesting the I reformat (erase) and start over, I gather you think I should go with APFS?
EDIT: I'm assuming from this its a HDD? But I thought T7 was an SSD? If SSD, definitely go with APFS.
"Am using a Samsung T7 external hard drive to back up"
If you only want a CCC backup that is a
single point in time (that is, no backup history), then
I'd format an HHD as HFS+. That would avoid possible problems mentioned below, and HFS+ has little downside for this kind of use.
On the other hand, if you want to be able to go "back in time" to retrieve older file versions (similar to Time Machine), then
I would use CCC's snapshot feature, which, like Time Machine, requires APFS. This is what I've decided for my own CCC backups. It works really well -- way better than the old CCC "SafetyNet" feature, where you'd have to hunt through a myriad of folders to find the version you want, and (AFAIK can't restore the whole system to a specific past date.
Some claim APFS will inevitably severely fragment files and cause a HDD to become slow -- maybe even fail. I don't really know (haven't searched for evidence yet). My own decision is that IF the disk starts "thrashing" too much (will probably take years) and the effect is really bad, then I'll just erase the backup disk and start a new backup history. Simple solution. Plus, Apple and Howard Oakley (eclecticlight.com) seem to think APFS is acceptable for HDDs.
(I do not use backup history like an archive -- I don't normally count on it existing. I use it in unusual circumstances, like when I (rarely) need an old file version, or if I need to "un-do" a macOS upgrade after trying it for awhile, for example.)