Is the $400 Redemption Fee Discountable?

There is a $400 fee to restore your domain from Redemption status and it is not discountable.

The Registrar (ENOM) is a kind and caring company. They realize that many people make the mistake of not renewing their domain name before the due date.
They also know that there are evil cybersquatters who scoop up expired domain names and then charge thousands of dollars to get the domain name back.
So, they came up with a wonderful program! They renew almost every domain name (most tld's) that expires. As you can imagine - this costs them
huge amounts of money - since only a small number or people ever request to have their domain name back. Since maybe only one in 50 domains may
ever "Redeem" their domain, they get stuck holding the bill on all the other domain names and they may never recover their costs.
So, the cost of $400 to "Redeem" your domain name is actually a bargain. Consider if they had simply released it into the public domain, where an evil
cybersquatter could have registered it and then charged you $10,000 for the domain. What choice would you have? Either pay his price or sue them.
Either way, it would have cost you many thousands of dollars and would take years to recover your domain - all the while the domain would be out of service, etc.
So, please understand that even though the price to redeem the domain name may seem high, it is actually just the costs that have gone into the program to save your domain name.

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