Personal Finance Sheriff house auction buyer beware! We are losing the house but have to continue paying a mortgage for no house. |
- Sheriff house auction buyer beware! We are losing the house but have to continue paying a mortgage for no house.
- How foolish is this lifestyle splurge (country club membership)?
- HR asking for current supervisor as reference?
- I'm 30 years old and have $40,000, what do I do?
- 23 years old leaving military with 70k
- Did not realize health insurance was going to be this tricky. Kinda feel like a dumbass.
- Total Compensation Comparison
- A few quick questions about the "30 % rule"
- Update to the IRS's 21k mistake bill; Got through to them, the rep agreed, I sent an official letter, and the response shows no evidence that they even looked at it. what do I do now?
- Been two years with adult job, tried of not saving. Help!
- Started shopping around for Car insurance and my monthly went from $150 a month, to $50 a month. I've made some positive changes, but is this normal?
- Beneficiary to father’s 401K
- Insurance company wants us to replace roof on a new home purchase
- In desperate need of a sanity check before buying a new construction home
- Need help with retirement calculations
- I moved from NY to NJ while eligible for unemployment but before receiving any, where do I pay state tax? (more details inside)
- If I have an old 401k rolled to a 'rollover IRA', can I open a new traditional IRA and roll over NEW money ($6000 per year) into a roth IRA for a backdoor?
- I now have access to an HSA, but I'm not sure how to fit it into my current savings strategy. Advice appreciated!
- Solo 401K, Foreign Earned Income Exclusion, or?
- ER and medical bills
- Is this a good mortgage deal?
- Need surgery, looking for any programs to supplement income while I’m unable to work. (PA)
- Weird accident today. I rear ended someone going pretty slow (5-10 mph) and the lady didn’t say a word.
| Posted: 05 May 2021 10:37 AM PDT My wife and I bought a house at the sherrif's auction January 2020 with a secured loan from the bank. We recieved the deed from the sherrif's auction. We began to fix the house up. Consisting up tearing up flooring, replacing windows, painting the entire house, fixing walls and ceilings. When we went to get the abstract we found out there was a second lien on the property not disclosed when purchased at the auction. We got a lawyer and the lawyer attempted to contact the bank with the second lien. The bank could not find any loan for this property. A couple of months later we have a guy walk in the house to inspect and change the house locks. We continued to work on the house with the okay from the lawyer. Another notice was left on our house detailing it was empty. Our lawyer said to continue working on the house and it will just take time. This went on for an entire year. About last month we get notified from bank 2 that we either pay the second lien that is owed or they will take the house and put it back on the sheriff's auction. The amount owed is around $114,000 not including the loan we already have of the house. Our options came down to paying bank 2 to go away or have the house taken. We attempted to negotiate and offered 50k. Bank 2 gave no response and told us they will be putting it in the auction soon. My wife and I decided to offer 100k and was turned down by bank 2. It was reported by our lawyer that bank 2 said they were going to be putting it on the auction again because they can get more money. Our options come down to continuing to negotiate with the bank in hopes they'll go away or lose the house and continue to pay a house loan for no house. Our offer of 100k was already pushing it so at this point we're out of options. My goal is to bring awareness and help other people not get in this same situation. I am currently working on a video that details all of this along with before and after pictures/videos of the house. Thank you for reading. Edit. Added one more sentence to the TLDR Edit2: this happend in Iowa,USA. My mother law in law took out the secured loan then it was going to be switched to my wife and I after we fix up the house. This "plan" was recommended to use by our bank who gave us the secured loan. Edit 3: currently at work but i'll try and answer you guys as soon as I can and provide more info. Edit 4: I used the word "mortgage " but it's not. I'm not very knowledgeable in this area. To clarify my mil got a secured loan from the bank using her house as collateral as recommended by our bank. After we fixed the house some, the loan would then be transferred to my wife and I. We would then start a mortgage. Edit 5- anyone know a good place to upload our before and after video? Some expressed wanting to see it but I don't believe I can include it in this sub. TLDR: Bought a house on sheriff's auction that needed a lot of work. Worked on the house after we bought it. Found out months later there was a second lien. Bank will be taking our house due to failure to pay for second lien ($110,000+) from previous owners that was undisclosed when we bought it. We will have to continue paying for a mortgage for no house. DON'T SKIP OUT ON TITLE INSURANCE! [link] [comments]  |
| How foolish is this lifestyle splurge (country club membership)? Posted: 05 May 2021 05:40 PM PDT My rule of thumb with my disposable income is to typically spend it relatively guilt free as long as I am hitting my savings goals, but this is a large purchase/commitment so want some guidance. I love golf. It is about my only hobby, and I am very passionate about it. I am considering a country club membership that is not a wise financial decision but one that I believe would provide me great joy. Background: 32 $90K/year income but about half comes quarterly No debt other than my mortgage. Payment is $1100 on a 20 year mortgage and my fiancé gives me $600/month to split bills semi even. $235K invested $100K home equity $22K emergency fund No other debts. No children for a little while. I am not perfect in my investing, as I am only at 16% 401K contributions. I maximize my Roth and do deposit $500/month into a taxable account (I know this isn't ideal when not maxing out my 401K). I increase the 401K annually and should have it maxed soon. The membership is approximately $3K initiation and about $450/month in dues. I currently spend about $1500/year on golf and about $70 a month in a driving range membership. All of that would be eliminated. I know I would get a lot of joy out of the membership but it is a large commitment and the "value" would be in enjoyment instead of breaking even financially. How silly am I for considering this? [link] [comments]  |
| HR asking for current supervisor as reference? Posted: 05 May 2021 08:59 AM PDT I've interviewed for a position, and HR has requested references and that one of them be my current supervisor. At the advice of my sister, who is a recruiter, I told HR I wasn't comfortable sharing my current supervisor's information but that I was happy to provide past supervisors as references. HR pushed back and asked if they could contact my current supervisor once an offer was made. I have a good relationship with my current supervisor but as I'm not entirely sure I want this job, I don't want to bring it to her attention unless I was absolutely sure I was leaving. Curious if anyone else has encountered this. Edit: thank you all for the feedback! Good to know my apprehension wasn't misplaced. [link] [comments]  |
| I'm 30 years old and have $40,000, what do I do? Posted: 05 May 2021 07:50 PM PDT Only thing I really need is that my vehicle is on it's last legs so I'll be having to get something else soon. I take in about $1600 a month and don't have any bills other than my yearly auto insurance and $50 a month cell phone payment. [link] [comments]  |
| 23 years old leaving military with 70k Posted: 05 May 2021 04:54 PM PDT Hey, guys I'm in an interesting situation where I'll be leaving the Army in the next 2 weeks and have been able to amass $70k over the course of my short career. I'm entirely frugal and debt free. I have no clear cut plan on what to do after I'm out apart from getting a short term job and exploring the options of flight school/college Some background I'll be moving in with family for the first few months until I'm in a position where I'm not hemorrhaging money I have 70k in relatively safe index funds (VTI, VOO), 3k emergency fund, and nearing 10k in my TSP (military 401k). I'm debt free, I own 2 vehicles that are entirely reliable. I'm really just looking for some guidance or suggestions on how to manage the transition back into the civilian sector. I'm entirely motivated to get back to earning a decent wage and am open to absolutely any suggestions or ideas on a career path or even things I can do with this sum of cash. Thanks in advance. [link] [comments]  |
| Did not realize health insurance was going to be this tricky. Kinda feel like a dumbass. Posted: 05 May 2021 01:46 PM PDT I am probably overreacting I will admit that, and yes I know this is something I should have started planning for earlier, but I am not very good at foresight and I didn't think it was going to become as big (or annoying) of a deal as it seems like it will be. I had the luxury of being included in my parents plan until I graduated college, then enrolled in the young adult version of their plan which I just aged out of. Premiums and deductibles were low, and everything I needed was covered. Ive applied for an extension of coverage which would last 18 months but I'm not sure my reasoning will qualify me. Coverage ends June 1 if not, so... that's super fun. I have two pretty rare, pretty shitty genetic conditions that require monthly monitoring and medication to treat. I won the genetic lottery but it was like the nightmare Shirley Jackson lottery instead of the NBA player one and my body is constantly trying to kill me lol. It's expensive, but the plan I've been on is really good so it's never been too much of a financial burden, and I've finally found a cocktail of super fun drugs that manage my symptoms and treat some of the underlying causes. Which is tight! The only employee sponsored health insurance plan I believe will work for me has a low monthly premium but a REAL HIGH deductible. Medications are 30 for the generic version, and not covered if they aren't generic (which includes one I take monthly and is very expensive but uhh... we'll cross that bridge when we come to it I suppose). This is the cheapest premium that includes the care team I moved to this city to be near, and who I've been seeing for the past seven years. I could choose a lower costing plan but I feel like it'd be to the detriment of my physical well-being if it doesn't include my doctors. I'm a bit worried about the deductible as it's more than I was paying for an entire year of treatment on my old plan. I don't think I can get tax credits if I'm on a work plan. My credit would only be 56 bucks a month from the marketplace. I'm not sure how continuing care with specialists on an HMO is, and I'd prefer not to have to go through the referral process again. If I need to though, it's fine, I'm just worried about how my prescriptions will be handled. I don't really have a PCP, at least not one I've seen in years. My general care comes from the team of specialists who have been experimenting on me for the past couple of years (jokes jokes). The two options i can think will make this cheaper: I can end my monthly contributions to my 401k. I guess the chances of me dying before retirement are not insignificant so it might be dumb to save for it anyway lmfao. That would give me back like 100 bucks a month I could spend on a more expensive plan with a lower deductible. I could also take that sweet tax hit and take out my 401k if we're still doing the emergency thing for covid but I also haven't really researched that so maybe not. It'd only get me about two months of coverage anyway. OR I could go the marketplace route, take the little tax credit, and find a PCP to prescribe my meds until I can hopefully afford a better plan to get back with my care team. I don't think I'm going to be able to swing my monthly checkups which is a little scary but I feel like it'll probably be okay for a little while at least. We'll feel it out. I could also just hope I get the extension and ask my boss for a raise but I've been p private about my health issues and I don't want to make a huge deal about it at work. Anyway this has become very long. If anyone knows of any other options or any other benefits I can apply for (or just has any general advice), please let me know. I'm going to continue doing research so hopefully I can find something else but a little help never hurt. Also some advice: if you're not 26 yet, still on your parents' kick ass insurance, and suffer from serious chronic health issues please for the love of god don't be an idiot like me and figure this out sooner. I feel like a huge dumbass but I sincerely did not think I wasn't going to be able to just find an insurance plan like the one I was on. I'm lucky I wasn't paying out the ass for this long but all good things, I guess. Hopefully I get that extension. Fingers crossed! [link] [comments]  |
| Posted: 05 May 2021 08:02 PM PDT Is there an app or spreadsheet for comparing total compensation while taking job offers? I'm active duty and transitioning out of the military next year and need to understand my value and look at offers in the next few months. Thank you for your assistance in advance! [link] [comments]  |
| A few quick questions about the "30 % rule" Posted: 05 May 2021 04:32 PM PDT Hello, I'm very new to financial literacy and have been reading up lately and a common theme I come across is the claim that your house should never be more than 30% of your monthly budget. But I was wondering more specifically: -Does it mean 30% of your monthly income before, or after taxes? -Does it assume a down payment of 20% at the start? -Does the 30% rule include ALL housing expenses (ie home insurance, utilities, property taxes), or just your mortgage payment? - Is it even a good rule to follow, or is outdated / not generally advisable anymore? Sorry if these are silly questions, but I couldn't really find any clear-cut answers with some google searches, thanks for the help ahead of time! [link] [comments]  |
| Posted: 05 May 2021 10:19 AM PDT (Update so it seems like this was a response not to the letter but to the phone call. Which (hopefully) means they haven't even processed the letter yet. CA / AZ (I now live in AZ but CPA had me file CA for 2019 after moving), TL;DR at the end. Hello! I posted a few weeks ago, that I had received this 21k bill from the IRS, despite my amended 1040 showing 0 federal due, and having no debt to the IRS or anyone else. I sold some stock to take advantage of tax gain harvesting since I had a low income in 2019, and filed taxes through a CPA. This subreddit figured out that this was likely because I used the non-filer tool for the stimulus last year, which created a 2019 tax return, and then when I filed the real (amended) return through my CPA, the IRS seems to have mistakenly used the original return instead of the amended one. Since the automatically generated return doesn't include the 1099 brokerage numbers from that year reflecting the correct cost basis for the stock I sold, the system thinks I owe them 21k. I eventually got through to a rep at the IRS, and after some investigating she said that she saw no reason why they would have reached the number they did, and confirmed that they have my amended 1040 which shows the correct numbers. She said that I needed to write a letter and return it with the notice I got, stating that I disagree and asking for a full explanation of how they reached that number. She also put a 180 day hold on any action taken against me, which I thought should be plenty of time. Here's what I returned with the notice the next morning certified, assuming that a human might see and process it: "Hello, I am disagreeing with the CP22A notice included, and would like it either just corrected, or if the IRS disagrees then a detailed explanation of how they arrived at the increase for 2019. Those I've consulted with believe the error stems from the fact that I used the non-filer tool for the stimulus check, and because of that my CPA had me write "amended EIP return" on the paper 1040 when I filed it. The IRS has my amended 1040, and we believe it reflects the correct numbers. Appreciated, sincerely" blah blah. Here's the beginning of the response I got today: "Thank you for your inquiry of Apr. 20, 2021. We accept your proposal to pay the amount you owe by Oct. 17, 2021." I definitely did not propose or accept any agreement to pay anything. This must be in reference to the 180 day "hold" that she put, but it bothers me that they're calling it an agreement because it implies that I acknowledge the debt as mine. The rest is basically 4 pages of threatening language, describing all the ways they're going to collect. There is -No explanation of how they reached that number -No indication that they saw the CSR's notes or took a look at the amended return. It's signed by an operations manager, "op 3." What is going on? I did what the IRS rep told me to do, and it seems like they just ignored it. - It has occurred to me that this might be an automated response to the 180 day thing that she put in place, but considering the amount, and the time frame, I'm now getting nervous and would like to proactively iron this out. What's the next step? Thank you very much. TL;DR: Received IRS notice saying I owe 21k for 2019, from a return generated by the non-filer tool. amended 1040 does not reflect this. CPA agrees, IRS agent agrees, reddit agrees, yet written IRS response didn't address anything and they just plan to bulldoze ahead and collect. I am in the right, and I did what they asked. Now what? Thanks. [link] [comments]  |
| Been two years with adult job, tried of not saving. Help! Posted: 05 May 2021 08:11 PM PDT Hi all, I have been a RN for two years now and I have never put anything into savings, IRA, 401k, etc... Googling for my solution isn't helpful because it all says start a 401k. Is that the first logical step in starting savings? I started a savings through credit karma but it's down to .07% or something interest accrued so I feel like my investment money could be better else! I also want something to draw from before retirement for a big purchase or something. [link] [comments]  |
| Posted: 05 May 2021 02:31 PM PDT So, I know rates vary, but I'm kind of blown away by the difference even though a lot has changed in my life since I got that old policy. Just want a sanity check to make sure I'm not missing something significant, because I was expecting maybe $20-30 less, not $100 I got my old policy when:
I decided to shop around as I'd just paid off my final payment and own my vehicle.
Again, I know these are a lot of significant changes (that I'm proud of). But I'm still kind of scratching my head that a plan with the similar coverage (kept it about as 1:1 as possible), could result in a $100 monthly difference to my insurance. Is this normal or is there something I might be missing? Also, apparently I can knock it down further, but only if I use their app, which... no thanks. Is it just that I own instead of finance that accounts for this massive change? Or that it's been 5 years since an accident? (I remember looking two years before either of those happened and my rates were basically the same). Or is there something going on with insurance because of covid? [link] [comments]  |
| Posted: 05 May 2021 12:38 PM PDT My father passed away in 2015, and I'm the beneficiary to his 401K account. There's a nice sum of money in there that I've been accumulating since he passed, but I've been contemplating on taking it out and putting it in my money market at my bank. I was just wondering what the steps were that I needed to take to withdrawal the money? Thanks for any advice anyone can pass my way :) [link] [comments]  |
| Insurance company wants us to replace roof on a new home purchase Posted: 05 May 2021 02:59 PM PDT My partner and I purchased our first home a month ago. It's an older home, but the inspection went really well. We live in the Twin Cities, MN. A week ago we received a letter from Geico, our home insurer, saying that they would terminate coverage on June 1st unless we replace the roof on our home and detached garage. This came as a bit of a surprise to us because our inspector and a contractor we had come look at the house both said the roof would have 5-10 years. We were not looking forward to replacing our roof until at least a few years in. Regardless with the short time span, we thought it would be worthwhile to act quickly and have roofing contractors provide us estimates on the roof ASAP. We met with one today who agreed with the inspectors that "it looks healthy" and there is still at least 5 years of life on our roof. I called Geico back and they said that this is a common practice for insurance company for roofs near the end of their life (sort of implying that we'll have a similar experience with any insurance company). We have a 30 year shingle and a 19 year old roof - a 30 year single in MN usually lasts about 25 years. Is there anything we can do about it or should my partner and just deal with it and invest in a new roof? [link] [comments]  |
| In desperate need of a sanity check before buying a new construction home Posted: 05 May 2021 05:45 PM PDT I'm sorry in advance for the long message, I'm trying to shorten it as best as I can. My husband and I are both 29 years old and have been looking for a house after moving to a new state. Obviously, the market is crazy right now (multiple, all cash offers above asking on anything we're interested in) so we've been thinking about going with a new construction instead. Yes, they're more expensive now too, but we found one that we absolutely love in a good neighborhood and great school district. They are also offering a 15-year tax abatement in this community. The first 10 years will be taxed at $75/mo and will increase to somewhere around $150/mo for the last five years. It is also transferable one time if we ever decide to sell. This would decrease our mortgage by about $350/mo, bringing it to around $1350. The house price, including the upgrades we want, will be right around $325k. We would be putting 20% down, and leaving some of our house savings in our account to pay for landacape and fencing within the year. My husband currently makes $62,500 per year and I make $70,000 but will be decreasing my hours to part-time temporarily throughout the summer and hopefully permanently next year. We have no debt (paid off new cars and no student loans) and around $150k between the two of us in 403b accounts. We also have a 17k emergency fund that we won't be touching. According to everything I can find, we can afford this house, and honestly I'm not worried about the monthly payment because we currently pay more than that in rent each month, but the thought of that mortgage does make me nervous. There are a lot of pros to going through with this house, I just want to make sure that we aren't making a stupid decision that we will regret in a few years. Based on our salaries, does this house seem feasible for us? We were planning a 30 year mortgage and have been quoted 2.9% if that helps at all. Also wanted to mention that I'm trying to be careful not to make this an emotional decision. We've been moving around a lot lately and have finally found jobs just a couple of hours away from family. I'm ready to find a house to settle into and start trying for a family, which is something that I can absolutely see in this house. I guess I'm just tired of feeling like I'm not "home" and really just want to put down roots and get going with the rest of my life. Thank you to all who read and any advice you can send my way! [link] [comments]  |
| Need help with retirement calculations Posted: 05 May 2021 05:14 PM PDT I think I am doing something grossly wrong here I currently make $150k (age 42) per year if I expect a 3% increase in my salary every year then at age 70 I may be making ~$343k At age 71 I stop working and take a 15% cut to survive on 85% of the last year salary then I need to withdraw $292k from my retirement funds As I understand , first year withdrawal amount should be 4% of my retirement portfolio this gives that my retirement portfolio should be $292k/4% = $7.3 million If I take the $292k withdrawal and apply inflation of 3% to this amount till age 90 and add the yearly withdrawal amounts from age 71 to 90 I get $7.8 million needed to fund my retirement, I am assuming that the $500k difference will come from growth of my retirement funds while in retirement. If I assume about 50k per year in SSA benefits to age 90, then I can knock off about $1 million from the $7.3 million needed to $6.3 million Having $6.3 million by the time I retire seems a lofty goal, can someone tell me if my calculations are off? If however they are correct then what should be my retirement account contributions per year? Assuming that the invested funds will have 6% market returns. I currently have $170k in there (divorce didn't help) Please help [link] [comments]  |
| Posted: 05 May 2021 05:12 PM PDT Federal tax can be taken out by the DOL, so that's handled. But I'm unsure where to pay any state tax. I'll put this in bullet points to make it simpler: - I was eligible for unemployment as of February 15, 2021. - Due to some fraudulent claims under my name, I wasn't able to apply until the week of May 3, 2021. - On April 24, I moved from New York to New Jersey. - I may not actually see any money (which will include all the back-pay I'm owed since February) for a few weeks still. - Unemployment is coming from NY as that's where I worked for the past 5 years. - New Jersey has no state tax on unemployment benefits, but New York does. Do I need to pay state taxes to NY for the period of time the unemployment "accrued" while I lived there, despite the fact that no money came in? Or is it all considered income in only NJ because the money will be received here? Happy to clarify further if need be. [link] [comments]  |
| Posted: 05 May 2021 11:02 AM PDT |
| Posted: 05 May 2021 06:16 AM PDT I started a new job recently and I will have access to an HSA once the new insurance period rolls around. Prior to this, I have been contributing to 401k to get company match and maxing two Roth IRAs (mine and my wife's). Out of what's left, I contribute a few additional percentage points to my 401k and the rest to an individual (taxable) account where I pick individual stocks. I know this is not ideal from a tax savings perspective, but I have done quite well and I consider it a hobby at this point. Now that an HSA is thrown into the mix, I'm not really sure where to fit it in all of this. I would greatly appreciate any advice! [link] [comments]  |
| Solo 401K, Foreign Earned Income Exclusion, or? Posted: 05 May 2021 08:26 PM PDT 31 year old US citizen but living abroad. I made about 52k this year, and saved most of it. I've already maxed out my IRA, which I know I can't do if I claim the exclusion when I file my taxes. I opened a Solo 401K but have not contributed to it yet. I could claim the Foreign Earned Income Exclusion which would negate my IRA contribution, but lower my taxable income. Or I could just throw most of it into my solo 401K and not claim the exclusion. I'm not really sure how the numbers work out on this type of thing. If I was 20 I would just take the exclusion / cash and run. But growing my retirement accounts has been more of a priority now that I'm over the 30 year old hill. Should I play with different tax software to see what result I get? Should I just pay to talk to a professional? Should I just put it all into the Solo 401K? [link] [comments]  |
| Posted: 05 May 2021 03:26 PM PDT Hi everyone, My family are immigrants, we have green cards, we live in California, and we have medical as our health insurance. On 2/1/2021, my dad had to go to ER room because of a heart attack, and 3 days later he passed away on 2/4/2021. About 2 weeks later I got a msg telling me to go to mydocbill.com and tell me to pay medical bill, I checked the balance and it was 0$ so I thought everythinng is done. In early April, I recieved a msg/email (I can't find the announcement telling me to pay bill) from South Bay Path Med telling me to pay $70 and I did pay for it. Yesterday (5/4/2020), which is exact 3 months later after my dad's death, I recieved a msg from TeamHealth telling me to pay $1000 for my dad's services. I'm very confused right now so I have 2 questions:
Thanks in advance. [link] [comments]  |
| Posted: 05 May 2021 06:06 PM PDT So I'm currently in the process of purchasing my first home, and I have just locked in my rate at 2.75%, 3% down payment with no PMI. The origination fee is $1300. Do you all think this is a good deal? [link] [comments]  |
| Need surgery, looking for any programs to supplement income while I’m unable to work. (PA) Posted: 05 May 2021 03:19 PM PDT Long story short, I'm looking at surgery for a fracture that never healed. Will require 3/4 months in a cast. I work in IT and do a lot of shipping and things I probably won't be able to do during the recovery. I am located in and work in PA. Does anyone know any assistance programs or anything that may help me receive some sort of compensation during recovery? I'm going to push the surgery as far back as I can to try to save money but realistically this will not be easy. I do not qualify for disability since this will not take me out for at least a year, and from what I've seen the only option for short term disability would be if I had already paid into a private plan. I also have insurance through my father's work so paying for the actual surgery is a nonissue. Thanks in advance [link] [comments]  |
| Posted: 05 May 2021 08:07 PM PDT Hi. 19 year old driver here with 2 years of experience + around 40,000 miles with no tickets or accidents. Rear ended someone today who stopped at a yield with no oncoming cars. Was busy looking to see if there was oncoming cars and didn't notice the lady in front of me. Slowed down significantly from 30 mph and hit her at around 5-10 mph (no dents on either of our bumpers and only minor scratches). As soon as we crashed, she stopped in the middle of the road and I pulled into a business right where the accident happens. She doesn't get out of her car until 5 min later and just walks over to my license plate and takes a picture. I offer her $300 cash for the damage on her car and to not have to deal with the hassle from the cops and insurance, and she doesn't say a word. I have insurance, I just did not want to deal with the headache. She was an old Indian lady, so maybe she didn't speak English?? Cops come and ask for license, registration, and insurance. Was fumbling to find my registration and never gave it to him (it's my grandmas car and was very flustered). He said it's fine if you don't have registration, license and insurance is enough. He comes back to my car and hands me back all of my papers, without giving me any ticket?? Do cops just not give tickets for minor fender benders? The cop also informed me that the lady had reported back pains. However, he kept assuring me to relax and reassured that this was only property damage. I asked how it is only property damage if she said her back hurts. Wouldn't this be bodily damage? He was also talking to her for a VERY long time compared to me. Sorry for the rant. I'm 19 years old and have no idea how this works. Didn't get her name or insurance. I think the cop not giving a ticket is a good thing? But please correct me if I'm wrong. Any insight would be greatly appreciated :) [link] [comments]  |
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