sblackmon1, did you access your email on another server like Outlook for example and move or delete the folders? Are you using POP3 as your mail protocol?
Please try clicking the little triangle next to the INBOX, not just next to My Folders. I think you will find a large amount of folders there. It is possible that because of the large amount of folders it make take a bit for your browser to show them all depending on network connection, computer power, etc.