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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Holder in due course protection? Posted by Travis-CA on July 11, 2003 at 11:00 PM Hi Ward, Last night I attended a RE club meeting where a speaker was speaking on the topic of foreclosures and she mentioned an interesting point that didn’t seem right to me. She said that by California law a senior beneficiary can deny a junior holder in due course the right to reinstate the senior liens, because the holder in due course was not the originating party. Is this in fact true? If so how can a junior holder in due course protect their interest in this situation? Thanks, Travis Follow Ups: Re: Holder in due course protection? Ward-CA- 4:42 PM, 07/12/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Hi Ward, : Last night I attended a RE club meeting where a speaker was speaking on the topic of foreclosures and she mentioned an interesting point that didn’t seem right to me. She said that by California law a senior beneficiary can deny a junior holder in due course the right to reinstate the senior liens, because the holder in due course was not the originating party. Is this in fact true? If so how can a junior holder in due course protect their interest in this situation? : Thanks, : : Travis Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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