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    karizma's Avatar
    karizma Posts: 2, Reputation: 1
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    #1

    Dec 5, 2007, 10:25 AM
    Holder in due course
    What is the significance of being a holder in due course?
    LisaB4657's Avatar
    LisaB4657 Posts: 3,662, Reputation: 534
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    #2

    Dec 5, 2007, 10:54 AM
    If the debtor had defenses against the original holder, most of those defenses can't be used against a holder in due course.

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