Write 2020, Not 20!
I hope 2020 has been treating you well so far. For this quick and simple newsletter, I'd like to focus on this year: 2020.
If you are like me, when you write a year out on a form or a check, you may sometimes abbreviate it by typing "1/12/20" instead of "1/12/2020." CNN ran a piece the other day, pointing out the dangers of doing this in 2020.
So let's say you have a stale check sitting around with "20" as the year. If someone finds it and steals it, they could easily change the year to make the check no longer stale.
Or let's say you enter into a written agreement with a lender and you just write "20" for the year. The lender could add a couple digits to change the year and argue that you owe more payments than you do.
Needless to say, there are many ways writing just "20" instead of "2020" could lead to problems.
The solution here is simple. Don't shorthand 2020. Just write out the full year and protect yourself in the meantime.
I hope this newsletter will be helpful to you and your family.
Have a great Sunday!
Ryan Torrens, Consumer Litigation Attorney
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