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Listen, if you can afford it and the sites will make you money, then pay it off and get to work. I understand why the hosting company would do this now that I own and run my own hosting company. I might of done it a different way but who knows.
Try and make a deal if you can not afford the bill. Don't talk with just anyone, go find the ceo, the owners the higher up's and talk to them. If they are decent they will or should work with you. Remember you can NOT be mad at the host, it was NOT their fault that you got screwed.
TOM
PS. also it is NOT unfair. put yourself in their shoes, really man put yourself in their place. They are a business that needs to make money and without money bills aren't paid people aren't paid etc. If they started doing this for everyone they would lose a lot of money. I mean anyone could fake sell a company and have all the right paper work.
Next time before you buy anything like a network or sites, find out if they have the latest backups of the sites. If they don't that should tell you something right there.
Good luck
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