Setting aside such issues, avoiding unwanted side effects of backdating contracts can be tricky, especially when the purported effective date of an agreement is several months before the date it was actually signed, as can be seen in involves the ownership of a promissory note that was made to a bank in connection with a loan.
The facts are a bit complicated, involving circumstances surrounding the failure of a bank and transactions in the bank’s loans preceding the failure as well as transactions of the FDIC as the bank’s receiver.
If you could do this, nobody would ever buy car insurance until after an accident happened.
That would have the effect of turning the car insurance industry’s risk-assessment-based business model on its head.
Backdating, by definition, is the practice of putting a calendar date on any document that is earlier than the date on which that document was actually written. Backdating Car Insurance Policies Backdating a car insurance policies is illegal and something no reputable insurance company or agent would ever do. Because it implies that you had coverage on your vehicle before you actuallydid.
Let’s look at how backdating affects different aspects of car insurance, health insurance and life insurance.
Your claim should be automatically backdated to the date you reached pension credit age or the date you have to pay rent from if this is later.
You don't have to give reasons for not claiming earlier.
Lawsuits would inevitably skyrocket, clogging our already over-burdened court system.
Saves a lot of time and energy for when I want to return to the post after the meeting!
The next feature Facebook introduced I am a little more hesitant about: Backdating Posts.
Pension age backdating rules still apply if you are claiming pension credit even if your partner is below pension credit age.
If you are claiming universal credit as a couple and your partner is below pension credit age, you won't receive housing benefit and the rules are different.
For those with an hour to kill thinking about the issues, Jeffrey Kwall and Stuart Duhl wrote an excellent article on backdating that was published in Business Lawyer in 2008.