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.” 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.
Disclaimer: The information provided does not, and is not intended to, constitute legal advice; instead, all information, content, and material is for general informational purposes only.