File not getting created - Visual Basic - vb.net

Question

I'm making a skype tool, and I'm creating the config file automatically, or at least that's what I think I am doing. The problem is just that for some reason the FileNotFoundException is fired because of some of my code is refering to the file which doesn't exist yet. So is visual basic checking for exceptions before firing code, or am I doing something wrong?
Here's my file creation code:
If My.Computer.FileSystem.DirectoryExists("C:\BaconSkypeTool") Then
Else
My.Computer.FileSystem.CreateDirectory("C:\BaconSkypeTool")
End If
If My.Computer.FileSystem.FileExists(Path) Then
Else
Dim fs As FileStream = File.Create(Path)
Dim line1 As Byte() = New UTF8Encoding(True).GetBytes("This is the configuration file for BaconSkypeTool" & vbCrLf & "Please do not change anything in here if you don't know what you're doing." & vbCrLf & vbCrLf & "Values below" & vbCrLf & "ChangeStatusInCall = True" & vbCrLf & "Status = Online" & vbCrLf & "Enable .cancel command = True")
fs.Write(line1, 0, line1.Length)
fs.Close()
End If
And here's the code that fires the exception:
skype.CurrentUserStatus = SKYPE4COMLib.TOnlineStatus.olsOnline
Dim text = My.Computer.FileSystem.ReadAllText("C:\BaconSkypeTool\config.cfg")
Dim textAfterStatus As String = Nothing
Dim indexOfStatus = text.IndexOf("Status = ")
Dim text1 As String = Nothing
If indexOfStatus >= 0 Then
textAfterStatus = text.Substring(indexOfStatus + "Status = ".Length)
text1 = textAfterStatus.Split("Blacklist").First().Trim()
End If
The file creation is at the top of my file and therefore should be the first thing to be fired, but maybe that's just something I think.