Is it possible to inherit a gambling debt?

[2Pizza410000BTC]

The high rate of gamblers who take loan for gambling purposes is quite alarming, and most of them are fathers to kids. Most of them don't end up taking care of their debt before passing. What happens to the funds, when the lender comes for his money? It's quite a tough one for a person who isn't a gambler to inherit a trouble from a gambling dad. Such things also increase the anger of the society on gamblers, because the addicts are, also, good at extending their problem gambling to other close relatives. Could it be talked through in the law court?

There are many people who take loans to participate in gambling, they go into a lot of debt to get loans, so lenders come to them for loans, they have to sell their houses and land to pay off their loans. I have seen many people around me who take loans from moneylenders to gamble. They take loans and participate in gambling and at some point they lose everything as lenders come to them for loans, they have to sell their houses and land to pay off their debts. Such gamblers are the most hated people in the society, especially in the rural society these people are very hated by all the people. A small budget should always be used for gambling and never more than a small budget. Those who have spent all of their life's income on gambling are the ones who suffer the most and end up in debt.

[1715575461]

1715575461

[1715575461]

1715575461

[1715575461]

1715575461

[Docnaster]

The high rate of gamblers who take loan for gambling purposes is quite alarming, and most of them are fathers to kids. Most of them don't end up taking care of their debt before passing. What happens to the funds, when the lender comes for his money? It's quite a tough one for a person who isn't a gambler to inherit a trouble from a gambling dad. Such things also increase the anger of the society on gamblers, because the addicts are, also, good at extending their problem gambling to other close relatives. Could it be talked through in the law court?

There are many people who take loans to participate in gambling, they go into a lot of debt to get loans, so lenders come to them for loans, they have to sell their houses and land to pay off their loans. I have seen many people around me who take loans from moneylenders to gamble. They take loans and participate in gambling and at some point they lose everything as lenders come to them for loans, they have to sell their houses and land to pay off their debts. Such gamblers are the most hated people in the society, especially in the rural society these people are very hated by all the people. A small budget should always be used for gambling and never more than a small budget. Those who have spent all of their life's income on gambling are the ones who suffer the most and end up in debt.

When a gambler becomes addicted to gambling, the possibility of controlling his gambling activities becomes almost impossible and at that time, he's very likely to make decisions that'll affect him deeply. I've been opportuned to see gamblers who sold off almost everything in their custody including the ones they that aren't legally their own just to fund their gambling addiction and I've also seen others who went as far as borrowing money from money lenders while using their landed properties as collateral just to also find their gambling addiction. But the good thing about the above mentioned actions some addicted gamblers take is that they'll end up suffering the consequences of their actions by themselves unlike what happens when the take loans without a collateral and probably promise the loanee that they're going to pay later and dies without paying those loans.

When a gambler takes a loan or borrows money and fails to repay before dying, the debts are in most times going to be inherited by his close relatives who will now have to go through the pain of paying for a debt they didn't know when it was incurred but that's not the most painful part of paying such debts. The most painful thing about paying for such debts is that the debts will be payed with the knowledge that the  diseased used the proceeds of the borrowed money to gamble. My opinion about this kind of scenerio is that the law should be more kind to the relatives of such person so they stop paying for a debt they didn't incure

[GxSTxV]

Yes it is quite possible to inherit a gambling debt in case it was that kind of signed ones. To be honest, I haven't witnessed any case like that before, maybe the ones we see in real live gambling for instance, a father who played poker in a local place or small village then the father died, so everyone knows that family is in debt and a member of that family should pay it back otherwise they would have many troubles and threats from that local casino or table.

Paying debts of passed away relatives is only related to the agreement of that loan for whatever use, or the casino you palying with, before this happens, both sides should sign the agreement otherwise nobody will inhert debs of someone else even close relatives.

[Taskford]

The high rate of gamblers who take loan for gambling purposes is quite alarming, and most of them are fathers to kids. Most of them don't end up taking care of their debt before passing. What happens to the funds, when the lender comes for his money? It's quite a tough one for a person who isn't a gambler to inherit a trouble from a gambling dad. Such things also increase the anger of the society on gamblers, because the addicts are, also, good at extending their problem gambling to other close relatives. Could it be talked through in the law court?

I don't think the child will have any business with such debts except the were filed as the next of kin or guarantor after seeking their consent but if their consent wasn't sought after then such can be contested in a competent court of law and such person be free of such dept so it's something we have literally see happened in various Case so most times the creditors request a collateral so I'm cases of such recovery of the funds becomes easy .

Kids who aren't aware of any debt arrangements between their dad and a third party can always contest such in court and will be exempted from such a case but then I'd they are aware and consented to it then they may have to inherit such

If there's a contract signed that the asset will be the collateral of the loan then yes they can take the property written on the contract but they can't asked any further more payments from their children since as being said that they are out of that. Well if the lender is pursuant and eager to get his money back the only thing he can do is to take the property for sure he can't do anything with it as the court will also clear the name of the children out of their parents debt.

They can always contest in that situation and for sure the court will be on their side especially that they are not the one who take the money from the lender. But maybe if there's also a guarantor involve as third party maybe the lender can sue that guy since for sure he is included in the contract and liable to pay those remaining debts.

[angrybirdy]

The high rate of gamblers who take loan for gambling purposes is quite alarming, and most of them are fathers to kids. Most of them don't end up taking care of their debt before passing. What happens to the funds, when the lender comes for his money? It's quite a tough one for a person who isn't a gambler to inherit a trouble from a gambling dad. Such things also increase the anger of the society on gamblers, because the addicts are, also, good at extending their problem gambling to other close relatives. Could it be talked through in the law court?

I don't think the child will have any business with such debts except the were filed as the next of kin or guarantor after seeking their consent but if their consent wasn't sought after then such can be contested in a competent court of law and such person be free of such dept so it's something we have literally see happened in various Case so most times the creditors request a collateral so I'm cases of such recovery of the funds becomes easy .

Kids who aren't aware of any debt arrangements between their dad and a third party can always contest such in court and will be exempted from such a case but then I'd they are aware and consented to it then they may have to inherit such

If there's a contract signed that the asset will be the collateral of the loan then yes they can take the property written on the contract but they can't asked any further more payments from their children since as being said that they are out of that. Well if the lender is pursuant and eager to get his money back the only thing he can do is to take the property for sure he can't do anything with it as the court will also clear the name of the children out of their parents debt.

They can always contest in that situation and for sure the court will be on their side especially that they are not the one who take the money from the lender. But maybe if there's also a guarantor involve as third party maybe the lender can sue that guy since for sure he is included in the contract and liable to pay those remaining debts.

On point! if there is a contract that has been signed and it is necessary to reach the court to settle the lending issue, it is better to go to the court in a legal way and avoid the things that should be avoided like charging debts until the legal age of children.If I am the one who is put in the situation, no matter how much they try to get the money owed by my parents, as long as there is no document and my signature, I will never pay no matter how much they threaten and terrorize me. I will fight for my rights and I will not let the things that are happening to other people happen to me now that until the borrower dies, the families left behind are also charged.

[2Pizza410000BTC]

The high rate of gamblers who take loan for gambling purposes is quite alarming, and most of them are fathers to kids. Most of them don't end up taking care of their debt before passing. What happens to the funds, when the lender comes for his money? It's quite a tough one for a person who isn't a gambler to inherit a trouble from a gambling dad. Such things also increase the anger of the society on gamblers, because the addicts are, also, good at extending their problem gambling to other close relatives. Could it be talked through in the law court?

There are many people who take loans to participate in gambling, they go into a lot of debt to get loans, so lenders come to them for loans, they have to sell their houses and land to pay off their loans. I have seen many people around me who take loans from moneylenders to gamble. They take loans and participate in gambling and at some point they lose everything as lenders come to them for loans, they have to sell their houses and land to pay off their debts. Such gamblers are the most hated people in the society, especially in the rural society these people are very hated by all the people. A small budget should always be used for gambling and never more than a small budget. Those who have spent all of their life's income on gambling are the ones who suffer the most and end up in debt.

When a gambler becomes addicted to gambling, the possibility of controlling his gambling activities becomes almost impossible and at that time, he's very likely to make decisions that'll affect him deeply. I've been opportuned to see gamblers who sold off almost everything in their custody including the ones they that aren't legally their own just to fund their gambling addiction and I've also seen others who went as far as borrowing money from money lenders while using their landed properties as collateral just to also find their gambling addiction. But the good thing about the above mentioned actions some addicted gamblers take is that they'll end up suffering the consequences of their actions by themselves unlike what happens when the take loans without a collateral and probably promise the loanee that they're going to pay later and dies without paying those loans.

When a gambler takes a loan or borrows money and fails to repay before dying, the debts are in most times going to be inherited by his close relatives who will now have to go through the pain of paying for a debt they didn't know when it was incurred but that's not the most painful part of paying such debts. The most painful thing about paying for such debts is that the debts will be payed with the knowledge that the  diseased used the proceeds of the borrowed money to gamble. My opinion about this kind of scenerio is that the law should be more kind to the relatives of such person so they stop paying for a debt they didn't incure

When a gambler borrows from his moneylender, he never borrows from the moneylender by telling his moneylender about gambling, he always borrows from the moneylender by telling his moneylender about family difficulties or some other difficulty. When a moneylender is given a loan due to family difficulties or for the treatment of a sick person, the moneylender is bound to give the loan because the moneylender's duty is to stand by the family of his worker. But here I want to say that the moneylender must talk to his family and give the loan to his worker after asking what he is using. There are many people in my area who tell such lies to their close relatives and participate in gambling by taking money from moneylenders. There comes a time when they become so addicted to gambling that they are forced to commit suicide or leave the country for a distant country. So if every close relative moneylender is careful it is possible to solve such problems.

[AnonBitCoiner]

Gambling is a bad thing and because of gambling if one person takes a loan then every other individuals of a family suffer from this thing because most of the time gambler takes laon and then go away from the sight leaving behind their family who suffers alot due to such burden.

It is reality that gambler loss all the money before passing away in gambling and also he has taken laon as without burrowing money he cannot sustain gambling. After leaving the world, the family members feel sad for his father's act as everyone is not able to give such a huge amount to lender and this is a reason that gambler loss their respect in society.

[gunhell16]

The high rate of gamblers who take loan for gambling purposes is quite alarming, and most of them are fathers to kids. Most of them don't end up taking care of their debt before passing. What happens to the funds, when the lender comes for his money? It's quite a tough one for a person who isn't a gambler to inherit a trouble from a gambling dad. Such things also increase the anger of the society on gamblers, because the addicts are, also, good at extending their problem gambling to other close relatives. Could it be talked through in the law court?

When the situation is like that, the gambler is loaned to the gambling owner. Most of the time, when something like that happens to the gambler himself, we don't know if it is stated in the contract that his family or those close to him will be responsible if something ever happens to the gambler. not good, they will be liable for its debt.

But if we look at it literally, there is no such thing as inheriting the debt from our loved ones unless it is written in the contract that the family and relatives will continue when the debtor dies; this is the only reason that can be seen.

[Belarge]

Gambling is a bad thing and because of gambling if one person takes a loan then every other individuals of a family suffer from this thing because most of the time gambler takes laon and then go away from the sight leaving behind their family who suffers alot due to such burden.

It is reality that gambler loss all the money before passing away in gambling and also he has taken laon as without burrowing money he cannot sustain gambling. After leaving the world, the family members feel sad for his father's act as everyone is not able to give such a huge amount to lender and this is a reason that gambler loss their respect in society.

Is possible to inherit the gambling debts of your dad as long it's been granted a loan when he was alive. He must place something tangible, more like a collateral inchange for the loan. The collateral is collected or documented, it usually pops up when the person in question failed to meet up the requirements and giving room for the firms to triggers the last option which is collateral. They're not to be blame because they're just trying to re-take their money but this time, in different measures. It becomes complicated for everyone especially the children of the gambler, it worsen when gamblers raise up their profits and become adamant to pay back.

[MainIbem]

It's very possible to inherits a gambling debt just like every other debt out there it's one thing we can never run away if out brother, sister or parents were debtors before departure from the face of the earth. It's only the living relatives that will pay the outstanding debt or any person who is genuinely connected to debtors will payout those debt. As living Being we are we should try as much as possible to reduce from involving ourselves taking debts because we might know when to leave the surface of the Earth and our children could be the ones to pass through the hard time to pay those debt.

[Outhue]

From the little experience that I have seen, many fathers have passed away and they left behind some debts that's needed to be settled, because it's even a sin to have debts on you after passing, I have heard from religious people that you getting through the heavens gate will be hard if you have debt on you.

In my country older people are now used to telling their children the amount they owe someone or some organization, just in case, because some people might decide to use lie and take money from the children, telling them that their dead father is owing them some money.

My father did the same, and we still see someone who came out and said he was owing her some money, and later I found out from my siblings that she lied, my father never mentioned her name as one of those he was owing some money, when the issue was dragged to a point, she claimed he already paid her some while ago and she just remember.

[Wexnident]

~

I mean if it's bound by the law then it should be inheritable no? Just like regular debts. Now I think that anyone who faulted a loan afaik just forfeits their properties and stuff till they're able to pay the total amount, or slowly pay it out.

Afaik you can't exactly get jailed for being under debt? At least in my country anw, I don't think that's an issue there. it is an issue when the debt is so large that even working your ass for your entire life isn't enough to pay it. I don't think you'd ever get out of paying your debt though even if you tell them your circumstances of only inheriting it.

That said though I think such issues only happen in extreme cases? Since loans and the like are now done under scrutiny and if you don't have any collateral or your livelihood doesn't show any signs of being able to pay said loan, it'd never get accepted.

[Marykeller]

If there was a written agreement that the gambler was loaned a said amount before their dismissal from Mother Earth, the family of the gambler has to pay back the loan money their father borrowed and that would be paid gradually depending on the financial capacity of the family. But if the family of the dismissed father is not buoyant enough, that's when disagreement will arise about not paying the acquired loan of their father because to them, it is very annoying that ought to pay for a loan that they don't know of.

In most of the cases, I have heard of, the gambler's families don't usually pay off the loaned money completely and that will amount to a loss to the loan firm.

[Assface16678]

The thing is, will the parents let that happen? As a parent, of course it's your responsibility to secure the future of your children's. If the parents are already under the influence of gambling, then as a parent, it's your responsibility to not involve your children, your partner, or any of your relatives in your gambling habit. In terms of inheriting the debt of a parent to children, I don't think there will be a law about that unless there is a written agreement about it, but what parent will let that happen? What parent will let the parent make his or her children suffer from debt? Because it will be a trauma for that child because even without starting to work, they already have the burden of paying debt from their parents, and it will be a bad thing because the child will surely have grudges and anger towards the parents.

[Wexnident]

~

I mean if it's bound by the law then it should be inheritable no? Just like regular debts. Now I think that anyone who faulted a loan afaik just forfeits their properties and stuff till they're able to pay the total amount, or slowly pay it out.

Afaik you can't exactly get jailed for being under debt? At least in my country anw, I don't think that's an issue there. it is an issue when the debt is so large that even working your ass for your entire life isn't enough to pay it. I don't think you'd ever get out of paying your debt though even if you tell them your circumstances of only inheriting it.

That said though I think such issues only happen in extreme cases? Since loans and the like are now done under scrutiny and if you don't have any collateral or your livelihood doesn't show any signs of being able to pay said loan, it'd never get accepted.

[entertheabyss]

The thing is, will the parents let that happen? As a parent, of course it's your responsibility to secure the future of your children's. If the parents are already under the influence of gambling, then as a parent, it's your responsibility to not involve your children, your partner, or any of your relatives in your gambling habit. In terms of inheriting the debt of a parent to children, I don't think there will be a law about that unless there is a written agreement about it, but what parent will let that happen? What parent will let the parent make his or her children suffer from debt? Because it will be a trauma for that child because even without starting to work, they already have the burden of paying debt from their parents, and it will be a bad thing because the child will surely have grudges and anger towards the parents.

Inherit a gambling debts? It's not appropriate because it's totally against the rules of humans. Our children take after out footsteps, there's no limit to what we can become, probably making the right choice of life, rather we should be having our best moment craving for excellence in the system. Everyone is held to a responsibility in the system, we just have to know what's best for us and ensure we do it with everything within our reach. I know how challenging the system can become when we try our best to gamble and end up losing everything.

[Makus]

If you mean taking loan to gamble, then definitely before taking the loan, you'll have to drop a coleteral almost worth or higher than the loan amount, so I don't think situations like this would be inherited by the the children of the deceased gambler but rather if the loan is  not paid before the agreed duration then the loaner has all right to take full possession of the coleteral it might be a house or any landed property.

[moneystery]

There are many people who take loans to participate in gambling, they go into a lot of debt to get loans, so lenders come to them for loans, they have to sell their houses and land to pay off their loans. I have seen many people around me who take loans from moneylenders to gamble. They take loans and participate in gambling and at some point they lose everything as lenders come to them for loans, they have to sell their houses and land to pay off their debts. Such gamblers are the most hated people in the society, especially in the rural society these people are very hated by all the people. A small budget should always be used for gambling and never more than a small budget. Those who have spent all of their life's income on gambling are the ones who suffer the most and end up in debt.

these types of people are the worst because if it's his own home, it doesn't matter, the problem is that it's the home with his family, where he lives with his wife and children, it's very sad to see a family become homeless just because the head of their household was involved in gambling debts. it would be too selfish if he only thought about his own pleasure and didn't think about what would happen to his family in the future. and usually people like this will be hated by their wives and children.

[Fortify]

The high rate of gamblers who take loan for gambling purposes is quite alarming, and most of them are fathers to kids. Most of them don't end up taking care of their debt before passing. What happens to the funds, when the lender comes for his money? It's quite a tough one for a person who isn't a gambler to inherit a trouble from a gambling dad. Such things also increase the anger of the society on gamblers, because the addicts are, also, good at extending their problem gambling to other close relatives. Could it be talked through in the law court?

There are some possible ways that you could inherit gambling debt, but they will generally be cases where you have agreed to be a guarantor on a loan or opened a joint account on a credit card. Most countries have laws that do not pass down debt, but they may extract any outstanding debt from the estate of the deceased before the remainder gets distributed as per the will. If the person has no other assets to distribute at the time, then the company that lent them money will have to accept the loss. It would not surprise me if certain countries were less forgiving when it came to debt and who must pay it, so you'd have to do research on this area for the country you live in. I don't think anyone is getting especially angry about this area in relation to gamblers..

[dothebeats]

I've heard of families getting harassed by collectors but not debts being transferred over to them. I guess it's illegal to do that unless you have a contract or a binding agreement wherein if you failed to pay your debt or say, you happen to die and still have unpaid debts, your family will shoulder that debt and will be in charge of repaying it all. I'm not entirely familiar with how this works, but I know for a fact that if someone dies and they left you as a beneficiary of their estate/will, the liabilities will be transferred unto you, and you have to continue that obligation.

I personally won't leave any liabilities to my family, and I'll make sure to clear all of those before I pass. Organizations looking to go after the immediate family for unsettled debts without contracts due to gambling or whatever reason is simply predatory.