Is it possible to inherit a gambling debt?

[arwin100]

It would have been better if they are the ones that face the consequences to what they have done than leaving those debts for their children or family to be battling with after which they are nowhere to be found, this calls for us as well to be very mindful on the ways of how we gamble, we shouldn't go over in taking some steps that will have a negative future repercussion, we have to be attentive to the way we gamble and be also considerate of those around us if the way we are gambling will not one day put them in trouble. 

That right, if you no longer get pleasure from gambling, it is a sign that it is time to stop. Don't force yourself to gamble too much, it's not a good idea to take out a loan or get into debt to gamble. It is important to look far ahead, not involve other people in the problems we create by gambling. Close people or family are not assets that can be used as collateral to pay off gambling debts.

Choosing to stop gambling activities when you can no longer enjoy gambling will certainly be better and this will not put us in financial trouble, because if we continue to force ourselves to gamble it will of course put us in financial trouble and even worse we will take out loans to gambling and if we can't pay it, of course it will make the people closest to us have to pay the loan that we have lent, of course this is very detrimental to them with our gambling habits.

That's it ! Everything  should have a limit  to avoid wreckage and this is a good practice  under gambling, there should be a time to know when to stop unless you're  only playing  for fun and might not consider  any outcome from it .
(Gamble  Responsibly)

Gambling Responsibly will just remain a reminder if people don't totally apply it for their selves that's the reason why we can see a lot of gambler messed up with this since they are out of control and didn't listen to the advices of people concerned to them. That's why it create deep trouble to people surrounds them since those people who owe him money trying to get back the funds which has been compromised.

But they should know that people can't charge or ask to pay the debts of their deceased love ones since no one can force them to do that. Gamblers need to learn a lesson from other experiences so they can reflect to theirselves that what they have done will not have bad effect to his family.

[Obari]

If you want to borrow money, there must be a collateral. If there is not collateral, there must be one or more guarantors. I do not think anyone can be a guarantor of a gambler. It is the father that have the debt and if he dies, his family will pay with the properties or works that the father left on earth. I do not think the son have any problem with his own property. That is why it is good to have your own property and be independent.

Exactly 👍
I was just about writing same thing, not until I came across this your response and bless God else it would have seem more like plagiarism and this is also a clear indication that people can be more of like minds and reading comments before responses also does matters.
Everybody going to get a loan irrespective of the purpose for the loan ought to have a collateral depending on the terms of the lender, which at some point, most lenders do ask for collaterals worth twice or even thrice the value of the loan, so as to avoid cases like this and most of them, also ask for guarantors so in case they can’t claim the property or collateral, the guarantor stands in the gab for the borrower, I don’t think this case should be a burden to anyone who isn’t part of the loan terms.

But let’s just assume things don’t go as planned and there was no collateral or maybe a guarantor as well and the loan was given out of trust, and incase of death, I think the family of the borrower should be held responsible for the loan and if there isn’t a peaceful negotiation, then it can be settle in the court.

[Gozie51]

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.

Well in the past maybe society don't recognize gamblers are maybe talk down on them and that is because of the kind of life that they live that is full of lies and deceit, distrust and untrustworthy, lacking capacity for keeping to their words, speaking and acting in vogue ways and most especially capable to hoodwink you out of your own money but things have changed lately . This time around there are different reputable people and influencers that are earning a living through gambling and gambling streaming. There are also different companies that are running under gambling business and government is generating huge tax income from them, so that line of anger doesn't really exist because whatever happens can be taken care of since gambling is now regulated.

Could it be talked through in the law court?

I don't think someone will be made to face the punishment of another person, if you owe debt to someone I believe the judgement will be how to pay that debt using the debtor's resources and not the descendants. Therefore, if the debtor has properties that has been transferred to the descendants then it can be confiscated IMO.

[Hirose UK]

That's it ! Everything  should have a limit  to avoid wreckage and this is a good practice  under gambling, there should be a time to know when to stop unless you're  only playing  for fun and might not consider  any outcome from it .
(Gamble  Responsibly)

Gambling Responsibly will just remain a reminder if people don't totally apply it for their selves that's the reason why we can see a lot of gambler messed up with this since they are out of control and didn't listen to the advices of people concerned to them. That's why it create deep trouble to people surrounds them since those people who owe him money trying to get back the funds which has been compromised.

But they should know that people can't charge or ask to pay the debts of their deceased love ones since no one can force them to do that. Gamblers need to learn a lesson from other experiences so they can reflect to theirselves that what they have done will not have bad effect to his family.

True and gambling responsibly is just reminder statement but it won't be able to have any influence when gambler is unable to implement it, they can think but their desire makes the thought of implementing the right thing forgotten.
In fact, the advice and suggestions of other people are very important, but all of this is also taken for granted by most gamblers and they more often forget about self-control and then just act according to what they want in every gambling activity.
Problems that occur must be resolved well, but sometimes many people don't really care about any problems that arise from their own attitude, difficulties in the future become an end point that people like this definitely experience.
Indeed, it would be better to always consider the risks and impacts that could occur in every decision, such as the decision to borrow money, there must be many things taken into consideration so as not to cause problems in the future.

Learning from other people experiences is sometimes very important and useful, this is why everyone needs to have lot of experience and be able to see other people experiences to use as motivation to be careful in acting in certain activities such as gambling.
But unfortunately some people think experience is not important because they think they are smart enough and know what to do.

[TheUltraElite]

But unfortunately some people think experience is not important because they think they are smart enough and know what to do.

Experience will only teach you one truth - do not gamble if you want to make money and not waste it.

That if followed immediately corrects the question in the OP, if someone learns from gambling that it can lead to serious debts and bankruptcy issues, they would not gamble in the first place or stop it as soon as possible.

However most are unable to reach the conclusion and they ignore it and continue to play, endangering the lives of their close ones and next of kin. Most debt collectors in todays world are not that brutal but they try to persuade people and that can be scary. From a lenders point of view, such debt should be passed on to next of kin once they are old enough.

[Wiwo]

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?

It depends on what the agreement because if the dad is not aware of the debt in the first place and none of his signatures or properties is used for collateral to take the loan then I will say that it still nit your obligations to take or inherit such debts so you have every right to deny consent and be debt free.

But in situations where maybe you dad used the house for collateral for the loan and now he I unable to pay, then you may be indirectly obligated to make a refunds.

[adpinbr]

Well I feel like it happens but what don’t know if they inherit or not

[Strongkored]

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?

Is there any data? because if we only look at a few cases around us, we can't describe the truth.
Gamblers who are in debt are very likely to take out loans not through official parties, for example from banks unless they borrow from the bank for business but in reality they spend it on gambling, so it could be that they will be in debt from loan sharks and that is dangerous for their families, their families could be terrorized by loan sharks, which can be dangerous, but do loans from loan sharks have official documents? otherwise it doesn't seem like it will be able to ensnare his family, because loans from loan sharks do not have legal force or there are official laws that regulate them.
However, as far as I know, official loans such as through banks will depend on agreements, but maybe each country is different so you have to look at the laws that apply in that country.

[dezoel]

I don't think someone will be made to face the punishment of another person, if you owe debt to someone I believe the judgement will be how to pay that debt using the debtor's resources and not the descendants. Therefore, if the debtor has properties that has been transferred to the descendants then it can be confiscated IMO.

I don't know if there are any laws regarding this or not, but I feel like a child will generally accept the debts and be ready to pay the ones who the money was taken from if they can easily afford it. In case the child can't afford to pay the debt taken by the late father, I guess they can appeal to the court that the father has passed away and they can't afford to pay the debt he has taken, and there might be some ruling regarding this.

Generally, people who pass away are exempted from the debts and whatever they had on them if those they have taken the money from have moral values because it's not right to ask someone else to pay what a late person had taken unless they are rich and can easily afford to pay the debt back.

[Toro iskandar]

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?

It sounds very sad if the incident really happens in our family members, but for me personally, an incident like what you said actually does exist in someone's life, what I mean is that I have heard that there is a child who bears and is responsible for the debt left by his father because his father used to like to gamble or could be called a gambling addict or crazy and the father may not have dared to tell his bad behavior to family members, even the father dared to borrow money from his friend to gamble, but according to the agreement only the father and his friend knew and the child would be fully responsible for paying the loan to his father's friend.
So in the end the only way is for the child and his family to have to return it immediately or they will often experience terror from the borrower.

[Bravut]

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?

It sounds very sad if the incident really happens in our family members, but for me personally, an incident like what you said actually does exist in someone's life, what I mean is that I have heard that there is a child who bears and is responsible for the debt left by his father because his father used to like to gamble or could be called a gambling addict or crazy and the father may not have dared to tell his bad behavior to family members, even the father dared to borrow money from his friend to gamble, but according to the agreement only the father and his friend knew and the child would be fully responsible for paying the loan to his father's friend.
So in the end the only way is for the child and his family to have to return it immediately or they will often experience terror from the borrower.

It is very possible to inherit gambling debt, by nature and custom, after the death of either the Father or Mother the children or family left are expected to pay the debt if demanded. I have read and also heard about cases like this, and is so bad to pay a debt which was used for gambling with interest already yielded.
This is one of the many reasons I emphasize on limits, risk control and Moderation in gambling because only an addicted gambler will borrow money just to gamble to satisfy his urge.

[Frankolala]

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?

It sounds very sad if the incident really happens in our family members, but for me personally, an incident like what you said actually does exist in someone's life, what I mean is that I have heard that there is a child who bears and is responsible for the debt left by his father because his father used to like to gamble or could be called a gambling addict or crazy and the father may not have dared to tell his bad behavior to family members, even the father dared to borrow money from his friend to gamble, but according to the agreement only the father and his friend knew and the child would be fully responsible for paying the loan to his father's friend.
So in the end the only way is for the child and his family to have to return it immediately or they will often experience terror from the borrower.

It is very possible to inherit gambling debt, by nature and custom, after the death of either the Father or Mother the children or family left are expected to pay the debt if demanded. I have read and also heard about cases like this, and is so bad to pay a debt which was used for gambling with interest already yielded.
This is one of the many reasons I emphasize on limits, risk control and Moderation in gambling because only an addicted gambler will borrow money just to gamble to satisfy his urge.

In some countries, it is lawful to pay the debt owed by the deceased. The family of the deceased will be help responsible to pay up such debt. If the debtor has a property, it would be sold to make payments and if he does not have, his family members will look for a means to pay back the debts.

This is why irresponsible gambling is not good and can lead to a great pain on the family, if the late person had a gambling debt before he passed on. Be a responsible gambler and don't put too much burden on your family after death.

[pinggoki]

Depending on what do you mean, if it's a debt or loan from a person, yes you can definitely inherit a debt, in the case of establishments like casinos, bar, and other gambling amenities, it might be possible that they don't mind not forgiving the debt, the most difficult one would be those debts that got some written contracts in it, if the clause says your family would inherit the debt, you'd definitely have to obligate yourself to pay that debt. It's a sad and pathetic ending for some gambling addict to be in because you're the only one that has done it to you and now you're letting in others to take the blame.

[Cookdata]

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'm not sure if you are aware of credit loan insurance policy, the banks that offer loans make use of this insurance for most of their customers. Now, what I'm not sure about the loan you are talking about is whether the loan was taking from bank to gamble or it was taking from another person. If the loan the person taking to gamble is from the bank, there is a credit insure on the loan and what the decease people need to do is to provide the bank with a death certificate and the bank will take care of it.

However. If the loan is coming from a random person and there was agreement of payment between the lender and the decease, then the family must provide alternative to pay back the loan the person must have owe alive or dead, there is no two ways about that unless the lender decide to forget about the loan.

[Chilwell]

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?

It depends on what the agreement because if the dad is not aware of the debt in the first place and none of his signatures or properties is used for collateral to take the loan then I will say that it still nit your obligations to take or inherit such debts so you have every right to deny consent and be debt free.

But in situations where maybe you dad used the house for collateral for the loan and now he I unable to pay, then you may be indirectly obligated to make a refunds.

Base on Islamic rules we should make sure we don't have debt after we have died, but it very difficult to see died person debt free, that why during the funeral prayer the Imam that will lead the prayer will ask whether the person is owning anyone and also who are owning the person too before performing the salat, from this point we will no who is owning and who are owning too then after the will try to resolve the issue.

Once it is noticed that the person is owning, the only thing we think of is how to repay back the money, if the person have properties then we rise the money from there and if the person doesn't have anything left than we will source the money somewhere else to make the repayment. In our believe if the person comes with prove we pay, we don't care how the person spent it or what he used it for, the best we pay back so that the person soul will rest.

[Lanatsa]

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'm not sure if you are aware of credit loan insurance policy, the banks that offer loans make use of this insurance for most of their customers. Now, what I'm not sure about the loan you are talking about is whether the loan was taking from bank to gamble or it was taking from another person. If the loan the person taking to gamble is from the bank, there is a credit insure on the loan and what the decease people need to do is to provide the bank with a death certificate and the bank will take care of it.

However. If the loan is coming from a random person and there was agreement of payment between the lender and the decease, then the family must provide alternative to pay back the loan the person must have owe alive or dead, there is no two ways about that unless the lender decide to forget about the loan.

I can attest to this on which i do have a credit card back in the past on which i have used all the credit limit of it on which its already that too big for me to pay it up the whole amount, which i do really end up on having that paying that monthly amount due and its been a long time i've been paying the interest. On the moment that the bank been trying to put up that insurance then it is really that an another add up into the whole amount which is really that a burden. Just in case that there's something  that happened into you then since you do have the insurance then all of those debts would really be paid up.
For those loved ones on whom you had left on then for sure they would really having no problems about paying up those debts.

Somehow, if this one would really be that in between other people like having those kind of agreements then it could really be potentially be possible that there would really be passing up
that kind of responsibility on which it do really sucks on that case.

[Z_MBFM]

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?

Banks will never lend money to someone who cannot afford to pay it back. If you want to take a loan from a bank or an organization, you have to keep some collateral or show a strong source of income and give a loan after taking the signature of some guarantors, so no one will take a loan and do not care where the money will be used. If the loan is overdue, they will own the collateral or collect the money from the guarantors. such is the case with loans.

[JunaidAzizi]

I don't know about the debt rules in other countries, and sometimes it varies from place to place but in my place where I live there is a rule of debt if some one borrows money he must give some coletral to the person from whom he borrows money and if he doesn't pay at the time or unable to pay then the person keeps the coletral.But when a gambler died in a way that he has borrowed many from person then the borrower took some part from his property to the same amount he gave to the gambler with or without the help of court depend on the situations that the gambler family giving his money or not.
In my personal view, no one needs to give money to the gambler, first there is no specified time for death and the second is that gambler got addiction and he lost everything in the gambling at the end he came to you for money, so this means that there is nothing in his pocket from which you can refill your payment.
But I have a small question from all of you and if you want to know about it then share it with me.
What if we do wrong with him by not giving him loan, maybe by giving him this loan he can get some money and clear all his debt along with yours.Does in selfishness we can ruin his life?

[Dewi Aries]

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?

Banks will never lend money to someone who cannot afford to pay it back. If you want to take a loan from a bank or an organization, you have to keep some collateral or show a strong source of income and give a loan after taking the signature of some guarantors, so no one will take a loan and do not care where the money will be used. If the loan is overdue, they will own the collateral or collect the money from the guarantors. such is the case with loans.

Yes that's true, but I think it's still possible to happen when someone has collateral or when someone dares to pledge something big that they own like a vehicle or land or even their own house, meaning the bank will still give you a loan if there is one. something that can be used as collateral, and also what this means is that it doesn't mean the bank won't lend money unless, for example, a gambler doesn't have anything that can be used as collateral at all.

In the end, this is what is worried about when a gambler has reached a level of chronic addiction to gambling where they can do anything or justify any means just to fund their gambling activities, whether it is borrowing, stealing or deceiving many people in order to get the big win they have always dreamed of.

[OgNasty]

Is it possible to inherit a gambling debt...  This is a loaded question.  As others have stated, when getting a loan you typically have to put up collateral, so in the event someone dies and their heirs aren't willing to pay their debts, the lender just takes that collateral.

All that said, the answer to this question really depends on who loans you the money.  If you borrow money from the mob and die without paying them back, your heirs may find themselves in a sticky situation when the mob comes looking for their money.  That's why collateral exists in the first place.