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How do I fix my GE front loader wsxh208A1ww washing machine?

The other day I was washing a load or towels in my GE front loader wsxh208A1ww washing machine when there was a loud banging sound. It kept spinning after this but the water never fully drained and the drum basket is sitting lower. If I turn it on, it will spin (I'm not sure it is to full speed) but the water still won't drain. What do you think the problem is? Any suggestions?
Audra, April 2010