It does sound like its hanging as it tries to send the email, as that would fit everything that is happening.
Unfortunately, I can not reset my password, as I have no password to get into the admin panel in the first place.
Seems a bit of a catch 22 situation…
EDIT:
sorry, I was a little lazy. I just read further down the password reset page. I tried resetting through phpMyAdmin, but to no-avail. It just said incorrect password.