Is it possible to inherit a gambling debt?

[hyudien]

If you ask like this Is it possible to inherit a debt? the answer is yes most of the debt is inherent to their kid or relatives when the person that has debt is die, and in this case the debt to other user not a debt with bank or loan App like Defi or something like that.

and if the question like this Is it possible to inherit a gambling debt? Just don't do gamble frennn if you don't have money I mean what are you doing if you still insist to do gamble then use a collateral don't inherit your debt to someone else

with gamblers, in my opinion, they are no longer strange about borrowing money, of course they will have problems that will make them difficult in the future. if they have debt, of course they have to pay it off, but gamblers who are addicted to gambling will not be able to easily pay and pay off their debt if they don't have money or when they have money, they might even have the thought of going back to gambling first to double up. their money and hope to win, the aim of which is to cover all losses including the debts that surround them. and when someone who is addicted has debts they will not be able to easily pay and repay them and if they are unable to live they may end their life and these debts become the responsibility of the people closest to them.
I agree with you, indeed if you don't have money then it's best not to gamble, let alone take actions that carry big risks such as borrowing money; I think they borrowed the money because they wanted to get a win that could help their financial problems. Apart from that, it is possible that the addict might run away and isolate themselves to avoid the debt that is chasing them, of course this is irresponsible, and as a result their family will be the one to help them.

[Betwrong]

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. ~

Why are you saying that? Like, if he, the heir, was a gambler it would be easier for him to inherit a debt?

I think it depends on the country whether the heir should pay off the debt or not, but in my personal opinion if he inherited a lot of money and valuable property then he should pay all debts, gambling debts included.

I always thought gambling addicts were a pain for their relatives during their life, but now I see it can continue after their death too. What a shame!

[junder]

what if the person loaning money is not aware that the money it's for gambling? No matter collateral it'll surely involve to your relatives because gambling it's not a everyday winning and we all know that it's a game of luck and risk. I believe all gamblers in the world knows that it's a game of risk and luck but what is that thing that always gives them stronger feelings, that they'll definitely win no matter what and they'll go to the extend of borrowing money from someone meanwhile not knowing the two elements of gambling. *Risk, *luck. Do you think they're at their normal senses? While knowing this two elements and still go ahead to borrow money.

Gambling is indeed a game that involves the risk of loss and gain, also the risk of loss is greater and is something that is certain to happen with gambling. I once had an experience where I had a friend who borrowed money for other reasons, not saying it was for gambling use, I lent it because I didn't know that my friend's purpose in borrowing it was for gambling, because if I knew he was borrowing money for gambling, of course I wouldn't lend it because it is unlikely he will return my money. and indeed it was very difficult for him to return my money to the point that he himself tried to avoid meeting me in person or even communicating via cell phone, this was annoying until in the end I no longer had hope for him to be able to pay the debt, in fact I could have told his family that he borrowed money for gambling and I haven't paid it for a long time, but I don't care about it because the money I lent to my friend wasn't that big. and this is a lesson for me not to easily lend money to other people, especially if we know that the person borrowing it likes to gamble.

by borrowing money to gamble, of course they have thoughts about the gambling they do and will be able to produce a win, therefore they believe that by gambling again they can win and their mistake when they gamble is not using personal money but using borrowed money because maybe they are They have run out of money from gambling so they take out a loan to gamble again, but clearly borrowing money to gamble is not right, because it will only make the situation worse, even their family could be affected.

[ultrloa]

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. ~

Why are you saying that? Like, if he, the heir, was a gambler it would be easier for him to inherit a debt?

I think it depends on the country whether the heir should pay off the debt or not, but in my personal opinion if he inherited a lot of money and valuable property then he should pay all debts, gambling debts included.

I always thought gambling addicts were a pain for their relatives during their life, but now I see it can continue after their death too. What a shame!

I don't know if there's something rules related to that. But as far as I know that children's can't inherit the debt of their father.

Maybe those people which have borrowed money from the deceased person will told that since they are desperate to get their money back. But the lender can't really push their children to pay what their father owe to other people. But you have a point that if they inherit a lot of wealth from their father and that loan amount is not big which can lead to run out of wealth then they could pay it just to clear up the name of their father. That's why its important to know our priorities so that we will not follow what those addicted father done to their child since it really bring huge shame to them if someone will come to them and ask to repay the debt of their father due to their gambling activities done when they are alive.

[Questat]

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. ~

Why are you saying that? Like, if he, the heir, was a gambler it would be easier for him to inherit a debt?

I think it depends on the country whether the heir should pay off the debt or not, but in my personal opinion if he inherited a lot of money and valuable property then he should pay all debts, gambling debts included.

I always thought gambling addicts were a pain for their relatives during their life, but now I see it can continue after their death too. What a shame!

I don't know if there's something rules related to that. But as far as I know that children's can't inherit the debt of their father.

Maybe those people which have borrowed money from the deceased person will told that since they are desperate to get their money back. But the lender can't really push their children to pay what their father owe to other people. But you have a point that if they inherit a lot of wealth from their father and that loan amount is not big which can lead to run out of wealth then they could pay it just to clear up the name of their father. That's why its important to know our priorities so that we will not follow what those addicted father done to their child since it really bring huge shame to them if someone will come to them and ask to repay the debt of their father due to their gambling activities done when they are alive.

There's no such rule that the debt can be inherited, it's only properly or belongings to the person that passed away. However, if there's a contract where a family member is a co-maker, then he'll assume the debt once the principal borrower died. However, in banking industry scenario, a co-maker is only liable if a borrower choose not to pay, because banks have minimize the risk by getting the loan insured so in case of debt, it's the insurance company that will settle the loan in favor of the lender. That's how i understand it, it's the standard, but I never know what the terms in the gambling scenario.

[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. ~

Why are you saying that? Like, if he, the heir, was a gambler it would be easier for him to inherit a debt?

I think it depends on the country whether the heir should pay off the debt or not, but in my personal opinion if he inherited a lot of money and valuable property then he should pay all debts, gambling debts included.

I always thought gambling addicts were a pain for their relatives during their life, but now I see it can continue after their death too. What a shame!

Yup, it also depends on which country you are in, because here in our country, in some particular provinces, even if there is no agreement or signed document, when a parent passes away and there are debts left behind, it is customary for others to claim and collect debts from the person's children, which for me is a very wrong idea and should not be, because the children they are charging have no idea, there are even instances where they make the children of the person who owes a debt to be a payment like in exchange of being household maid to its creditors.

[Nwada001]

If you ask like this Is it possible to inherit a debt? the answer is yes most of the debt is inherent to their kid or relatives when the person that has debt is die, and in this case the debt to other user not a debt with bank or loan App like Defi or something like that.

I also think the same. The only thing here is the method the person uses to borrow the money. If he or she can prove that the dead person actually borrowed money, then the children are going to pay back such debt, but if there is no way to prove it, then it might be impossible because someone can't just walk up to me and tell me that my dad owes him or her some money without proof, and I will just rush and pay it back. 

[DaNNy001]

I don't know if there's something rules related to that. But as far as I know that children's can't inherit the debt of their father.

Maybe those people which have borrowed money from the deceased person will told that since they are desperate to get their money back. But the lender can't really push their children to pay what their father owe to other people. But you have a point that if they inherit a lot of wealth from their father and that loan amount is not big which can lead to run out of wealth then they could pay it just to clear up the name of their father. That's why its important to know our priorities so that we will not follow what those addicted father done to their child since it really bring huge shame to them if someone will come to them and ask to repay the debt of their father due to their gambling activities done when they are alive.

I totally agree with you mate. Children are not to be held for debts owed by their parents except there were use as shorty or guarantor to get access to the loan. You can pay back for someone out of generousity but when it comes legal arrest or ability to Sue someone  for money owed by another person without any involvement of  contract or signed deal. It's illegal to request payment from such instances. However we shouldn't do anything that might implicate someone else in the first place, so it's better to quit addiction or borrowing money without a secured source to payback. And I also advise we decline requests to stand as a guarantor to loan by others, because it's the only way to escape being guilty of any legal involvement with the loan.

[Mr. Magkaisa]

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 think that the person who will be left connected to the real debtor has no responsibility, unless there is an agreement written in the agreement that the person who will be left who
is close to the debtor will continue to pay the debt.

But always, if there is no such type of agreement, I think that the person who gave the loan to the connected person who borrowed from them also has no claim; this is just my opinion.
However, I am not sure if we have a law here in our country in that kind of situation.

[JMBitcointernational]

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?

If it is a loan I think there is an option for his close relatives or children to repay the loan. But of course the regulations in each country are different. In my country you must have collateral or a letter of guarantee before making a loan. And the guarantee is in your own name. So if you have died and you have a loan, the borrower can take your collateral to pay off the debt.

But the problem is loans without collateral. I think it will be difficult because of course you can't demand that the child pay the loan if you don't have any agreement at the beginning.

It is very obvious that it is a debt but cannot be fully termed as a loan because there is no collateral which will make it very difficult for someone to inherit it because it is not documented, and anyone can deny it. But it is very stupid of someone to borrow money to gamble because i did not see any explanation that the person might give me to lend him money, for me i cannot inherit any debt that has no source or that has no document to back it up.

Gambling is all about risk which you can lose or gain, but the annoying part of it is going to the extent of borrowing money just to gamble and there are virtually things to be considered before a debt can be inherited
1. There should be something in return before it can be called a loan. (collateral)
2. there should be proof or any form of evidence that such transaction took place and should be dated.
3. The reason for the loan must be specifically stated.
if these following points listed are not provided there is no way i can accept to pay a debt that i don't know about. and i can never accept to inherit gambling debt.

[Chilwell]

Why are you saying that? Like, if he, the heir, was a gambler it would be easier for him to inherit a debt?

Is responsible for everyone to take care of the family members either being alive or dead, and the important person to everyone of us are our parents, it is compulsory to us to take care of our parents mess either alive or dead, it touch me when he said gambling bad, no matter how bad your parents is, still they are your parents which means they most be respect either dead or alive.

I think it depends on the country whether the heir should pay off the debt or not, but in my personal opinion if he inherited a lot of money and valuable property then he should pay all debts, gambling debts included.

I always thought gambling addicts were a pain for their relatives during their life, but now I see it can continue after their death too. What a shame!

I 100% agreed with you, debts is debts being gamble or something else, in many occasions people don't care about debts and it very dangerous because it can't allow the dead person to rest according to my religion believe.

[Dewi Aries]

If you ask like this Is it possible to inherit a debt? the answer is yes most of the debt is inherent to their kid or relatives when the person that has debt is die, and in this case the debt to other user not a debt with bank or loan App like Defi or something like that.

I also think the same. The only thing here is the method the person uses to borrow the money. If he or she can prove that the dead person actually borrowed money, then the children are going to pay back such debt, but if there is no way to prove it, then it might be impossible because someone can't just walk up to me and tell me that my dad owes him or her some money without proof, and I will just rush and pay it back. 

True, a child or the family left behind should ask for evidence of the track record of the borrowing action taken by their parents to the service, because if there is no evidence then obviously it could be fraudulent information from the service, but I am sure if their parents borrowed from a loan service such as a local bank then surely the evidence will be complete and detailed because each customer usually has a clear track record along with the date of the loan application and the search for loan funds.

This means that if the person borrows from someone else personally, such as a friend or someone else, it is usually very unlikely that the person will have evidence, because usually the loan agreement is only made by word of mouth without collateral and without written evidence. Therefore, this incident can also be used as an example and lesson that if you want to lend money to others for any reason, make sure you make a note or anything that can be used as evidence so that the second party responsible can believe that the loan was really done by that person.

[Zanab247]

It depend the agreement they made before collecting the loan, if the person collect a loan and use his or her house or business as collateral, and the person use the money to gamble and some things happen that take the person life, I guess his or her children will surely inherit the loan.

Assuming the person use the money to gamble and win billions and establish other business, will his or her children allow the person that gave their parent the loan to gamble to win huge amount of money to have the property? No, which is the reason I said gambling loan can be inherited base on the agreement involved.

[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?

If it is a loan I think there is an option for his close relatives or children to repay the loan. But of course the regulations in each country are different. In my country you must have collateral or a letter of guarantee before making a loan. And the guarantee is in your own name. So if you have died and you have a loan, the borrower can take your collateral to pay off the debt.

But the problem is loans without collateral. I think it will be difficult because of course you can't demand that the child pay the loan if you don't have any agreement at the beginning.

It is very obvious that it is a debt but cannot be fully termed as a loan because there is no collateral which will make it very difficult for someone to inherit it because it is not documented, and anyone can deny it. But it is very stupid of someone to borrow money to gamble because i did not see any explanation that the person might give me to lend him money, for me i cannot inherit any debt that has no source or that has no document to back it up.

Gambling is all about risk which you can lose or gain, but the annoying part of it is going to the extent of borrowing money just to gamble and there are virtually things to be considered before a debt can be inherited
1. There should be something in return before it can be called a loan. (collateral)
2. there should be proof or any form of evidence that such transaction took place and should be dated.
3. The reason for the loan must be specifically stated.
if these following points listed are not provided there is no way i can accept to pay a debt that i don't know about. and i can never accept to inherit gambling debt.

Well said, there is always a place for collateral, same time if the provision of the loan states that the next of kin will pay you have no choice, i do not believe there is room for someone to state the purpose for which the loan is obtained, only Non Governmental Organisation (Agriculture, health, etc sectors) demand that. My point is we may never know wether the money was used for gambling or not except our "Parents" tell us what it was used for, so in essence Parents need talk to there children early about stuffs like this.

Man, if you are the first, and very important in your family you cannot be in a position to pay and not do so, because for me it would be very embarrassing.

[slapper]

If you ask like this Is it possible to inherit a debt? the answer is yes most of the debt is inherent to their kid or relatives when the person that has debt is die, and in this case the debt to other user not a debt with bank or loan App like Defi or something like that.

and if the question like this Is it possible to inherit a gambling debt? Just don't do gamble frennn if you don't have money I mean what are you doing if you still insist to do gamble then use a collateral don't inherit your debt to someone else

with gamblers, in my opinion, they are no longer strange about borrowing money, of course they will have problems that will make them difficult in the future. if they have debt, of course they have to pay it off, but gamblers who are addicted to gambling will not be able to easily pay and pay off their debt if they don't have money or when they have money, they might even have the thought of going back to gambling first to double up. their money and hope to win, the aim of which is to cover all losses including the debts that surround them. and when someone who is addicted has debts they will not be able to easily pay and repay them and if they are unable to live they may end their life and these debts become the responsibility of the people closest to them.
I agree with you, indeed if you don't have money then it's best not to gamble, let alone take actions that carry big risks such as borrowing money; I think they borrowed the money because they wanted to get a win that could help their financial problems. Apart from that, it is possible that the addict might run away and isolate themselves to avoid the debt that is chasing them, of course this is irresponsible, and as a result their family will be the one to help them.

This gambling thing? It's not only pushing a lever or rolling dice. That rabbit hole is dark and twisted. You hunt that first high, that win, but then it turns on you. You lose; you try to recover; you lose more; the next thing you know is debt drowning. It is similar to quicksand. You drop farther the more you fight. You start borrowing; probably from friends, relatives, then loan sharks. You are gambling your life, your relationships, your peace of mind, not only money now

The truth is, though, addiction is not a character defect. It is a true goddamn sickness of the brain. These people are sick not weak. Their need is for assistance rather than criticism. What then is our next action? We reach out. We offer support, understanding, therapy, whatever it takes. We have to help them to realize they are not alone and break the stigma. Everyone is fighting their own war. Be gentle, patient, and maybe just maybe we might help them back off the brink

[Moeda]

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 people borrow money they don't mention it to gamble. So the debt that someone owes his family is not a gambling debt, but is based on a loan. If someone takes out a loan or goes into debt stating that the money is used for gambling, then they are not allowed to give the loan. If we give him a loan, and one day he dies, then we cannot charge his family. It is haram to give a loan if you know it will be used for gambling, and it is haram to collect it.

[Jaycoinz]

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?

Well when it comes to loan, be it gambling or whatever type, there is always a possibility that you can inherit it if there is someone that can be held responsible if that particular person who took the cannot pay and that's why the need for collateral is always advice before ever a loan is granted. But the issue is that, I don't feel anyone with his normal sense can stand as a shotee for someone that's what's to take loan for gambling.

[Crypto Library]

When people borrow money they don't mention it to gamble. So the debt that someone owes his family is not a gambling debt, but is based on a loan. If someone takes out a loan or goes into debt stating that the money is used for gambling, then they are not allowed to give the loan. If we give him a loan, and one day he dies, then we cannot charge his family. It is haram to give a loan if you know it will be used for gambling, and it is haram to collect it.

Sometimes helping people by giving loans but it brings something bad for them and that is when a person takes loans for gambling. And for this reason, before giving a loan, these things should be verified that where the funds of the loan will be used. And of course if he is a gambler then it is better not to give the loan. Rather, a normal gambler should bring those people right.

[Dailyscript]

If you ask like this Is it possible to inherit a debt? the answer is yes most of the debt is inherent to their kid or relatives when the person that has debt is die, and in this case the debt to other user not a debt with bank or loan App like Defi or something like that.

I also think the same. The only thing here is the method the person uses to borrow the money. If he or she can prove that the dead person actually borrowed money, then the children are going to pay back such debt, but if there is no way to prove it, then it might be impossible because someone can't just walk up to me and tell me that my dad owes him or her some money without proof, and I will just rush and pay it back. 

Your right here. A debt is a debt whether gambling debt or not. If the deceased has been irresponsible to the extend of taking loan to gamble, then his people must pay the money back. The sadden truth is that he must has lied that the money was to be use for something else, because that is what so many gambling addict do say. But its a lie, the y only wanted to use that lies to persuade the person to grant them the loan. Gambling debt should be paid in full just like any other reason for debt.

[Huppercase]

If you ask like this Is it possible to inherit a debt? the answer is yes most of the debt is inherent to their kid or relatives when the person that has debt is die, and in this case the debt to other user not a debt with bank or loan App like Defi or something like that.

and if the question like this Is it possible to inherit a gambling debt? Just don't do gamble frennn if you don't have money I mean what are you doing if you still insist to do gamble then use a collateral don't inherit your debt to someone else

In this century, I'm not sure if that's possible as most people gives a condition before they give out money and I'm not sure if there is any bank that will give you loan without having a collateral. It's either you have a physical collateral with them or you are a salary earner so they deduct money monthly, they can't give loan without having something they can have access to when you try to default a payment or decide to run away from the country.The only problem I think might happen is that if you died and your salary don't come again that's when they might perhaps come after the relative if there is any agreements of sort before the deceased died.

I'm not sure there is any gambling that offer "play and later", you must pay up before you are allow to play unless when there is bonus for you. So I'm not sure if a gambler would even allow this from customers, no money no gambling for anyone.