Is it possible to inherit a gambling debt?

[Pandu Geddon]

I have often heard about such incidents where the gambler or let's say the person in debt passes away and then their family had to repay the debt.
So yes, in many the debt is inherited by his family and in some cases I guess the debt becomes invalid since the person himself passes away.
But according to me people should not let the debt be passed on to their family at first place.
If someone is taking a debt they should make sure to clear it out ASAP and if not then they should have a back up plan in place in case of such mishaps so that their loved ones don't suffer.

However, the heirs will be obliged to pay off the debts left behind. whether the money is used for gambling or other purposes. heirs or family members cannot just claim or enjoy pleasure when they have money alone. but when a person dies but still leaves debts, then there is an obligation for family members or heirs to pay those debts.

but we don't know what the agreement is between the lender and the person who borrows. but in my opinion, the debt still has to be paid. even with requests for relief or other forms of negotiation.
Of course we have to see the proof and legality of the loan made. it could also be an opportunity for blackmail that could occur to the heirs. We also have to see whether the loan uses collateral or not. because it is related to the assets owned, of course it must be resolved properly.

[Dr.Bitcoin_Strange]

Well, yes I think debt can be inherited from parents or relatives, depending on the person that is very close to the debtor or the person that stood as a guarantor for the gambler. Before someone takes loan, they usually use someone as their guarantor which is liable to pay the loan if the real borrower is unable to repay or perhaps the person dies. If the children of the borrower are wealthy enough, they will be entitled to clear their dad's debt to avoid drama from the lender. This kind of issues have caused several issues in my place.

[STT]

I think the estate of a person deceased does have to clear loans and debts owing, so that'd wipe out some or all of the asset worth passing onto family.   Its possible the debts can exceed the capital left in a will or estate which means nothing at all passes on, the children arent liable for the debt they didnt take up.

  Children still lose some or all of the capital that they might have otherwise inherited.   A good Will prepared legally will be able to protect asset worth in a trust and that might survive debts, this requires proper legal work beforehand though.

[Wakate]

Well, yes I think debt can be inherited from parents or relatives, depending on the person that is very close to the debtor or the person that stood as a guarantor for the gambler. Before someone takes loan, they usually use someone as their guarantor which is liable to pay the loan if the real borrower is unable to repay or perhaps the person dies. If the children of the borrower are wealthy enough, they will be entitled to clear their dad's debt to avoid drama from the lender. This kind of issues have caused several issues in my place.

Why would someone inherit gambling debt? This is ridiculous and I don't think this would be accepted everywhere.
There are some places where inheriting gambling debt is impossible and can never be tolerated. Everyone needs to carry their cross and should not be extended to others that do not partake in it. Gambling debt can be possible in some advanced countries but their world be a lot of consideration that need to put into a book. I think for a person to inherit gambling debt, their should be a written agreement or something that would be shown in court that such an agreement to structured on behave of the two parties with a written legal reference.

[d3nz]

Involving the police, does it sound like a way to settle the problem? The cops can decide to side the loan shark. Because his money is at stake and it'll be also injustice on the loan shark's end if his money is not given to him. I understand that people are not meant to pay for loan they don't know about, but they are better means of settling such matters.

Provided the loan shark has given out proof about the deceased person owing him, talking to him to atleast reduce the amount of money for the moarning family is the best idea. Trying to go it the aggressive way will only piss off the loan shark to take silly decisions. The loan sharks also take this steps of asking for the player's family contacts for the same reason. If the person doesn't come back to pay back or leaves this earth, they'll trace him to his family using the information he's provided.

Unless the police is corrupt, involving them is the most reasonable alternative if the loan shark is threating to do something against the family in case they don't pay off the debt of a dead family member. Personally, I wouldn't negotiate with thieves and murderers, so I definitely wouldn't wish to directly talk to him on that hypothetical situation. The debt isn't mine, I did nothing wrong, while I'm being physically threated. Since we live in a civilized society, there must be civilized means to solve the situation, what involves demanding action from authorities.

In this situation, I would recommend seeking legal aid or community support services for protection since loan sharks are already involved in this. And, I think that the police cannot do anything and most likely suggest settling it in court. Some people who are in huge debt are going to different countries to flee from them.

[Coin_trader]

And, I think that the police cannot do anything and most likely suggest settling it in court. Some people who are in huge debt are going to different countries to flee from them.

What country do you live because police doesn’t seem working based on their job description. Police should act if there’s already threatening involved since it’s more on public safety rather than loan issue if violence is already looming.

Reporting it to the police is the right choice so that the loan shark will be automatically the prime suspect if ever they issued the violence. But also the debt should be paid even on terms with the help of the court or just an agreement between 2 party.

Loan shark will not harm anyone as long as they are being paid even in terms so reporting them to police is the right choice.

[Mr.sprin]

Well, yes I think debt can be inherited from parents or relatives, depending on the person that is very close to the debtor or the person that stood as a guarantor for the gambler. Before someone takes loan, they usually use someone as their guarantor which is liable to pay the loan if the real borrower is unable to repay or perhaps the person dies. If the children of the borrower are wealthy enough, they will be entitled to clear their dad's debt to avoid drama from the lender. This kind of issues have caused several issues in my place.

Talking about debts that must be paid, if the debtor has died then the heirs are obliged to pay and pay off all the debts left behind by the deceased, because no matter what, a debt is still a debt even if it is a debt from gambling profits, which in essence the debt must be paid and paid off. by the heirs or close relatives of the deceased, because in any case there is no tolerance for debt, everything has an agreement from the start, whether he wants to borrow money for gambling or other things is his right, because from the start he only lent the money and it will be pay when he has other money.

Talking about whether it is permissible or not depends on who wants to pay the debt, if you say it is not permissible, what do you want, it is also a debt, so it must be repaid by the immediate family, whether it is a gambling debt or something else, the debt still has to be paid, because the party The authorities can't even buy the debtor himself, because of the agreement from the first time before asking for a loan with the debtor, where one day when he has the money he has to pay, if the debtor dies then his heirs or relatives are the ones who have to pay all the debt.

[dunfida]

Well, yes I think debt can be inherited from parents or relatives, depending on the person that is very close to the debtor or the person that stood as a guarantor for the gambler. Before someone takes loan, they usually use someone as their guarantor which is liable to pay the loan if the real borrower is unable to repay or perhaps the person dies. If the children of the borrower are wealthy enough, they will be entitled to clear their dad's debt to avoid drama from the lender. This kind of issues have caused several issues in my place.

Talking about debts that must be paid, if the debtor has died then the heirs are obliged to pay and pay off all the debts left behind by the deceased, because no matter what, a debt is still a debt even if it is a debt from gambling profits, which in essence the debt must be paid and paid off. by the heirs or close relatives of the deceased, because in any case there is no tolerance for debt, everything has an agreement from the start, whether he wants to borrow money for gambling or other things is his right, because from the start he only lent the money and it will be pay when he has other money.

Talking about whether it is permissible or not depends on who wants to pay the debt, if you say it is not permissible, what do you want, it is also a debt, so it must be repaid by the immediate family, whether it is a gambling debt or something else, the debt still has to be paid, because the party The authorities can't even buy the debtor himself, because of the agreement from the first time before asking for a loan with the debtor, where one day when he has the money he has to pay, if the debtor dies then his heirs or relatives are the ones who have to pay all the debt.

Talking ethically then it should really be paid but what if that deceased borrower having that a family which is really that struggling on day to day living. Then what would  you do?
Also, inheriting gambling wont really be something could be applied not unless if there would really be that some stated agreement in regarding about that having that kind of condition on which your
dependants or to those someone whom you do connected into or simply with your family would really be having that kind of miserable paying up those pending loans or debts.

If ever that there would really be some sort on waivering it out since there are no mentions about paying it up, then to those indviduals or people will really be that rejecting such paying up those debts.
Unless if they would be able to present up some solid agreement and signed up then it would really be that something strong evidence or proof that you would really be needing up to pay.
Gambling isnt that bad but at the moment that you are digging with your own grave.

[darkangel11]

Well, yes I think debt can be inherited from parents or relatives, depending on the person that is very close to the debtor or the person that stood as a guarantor for the gambler.

Talking about debts that must be paid, if the debtor has died then the heirs are obliged to pay and pay off all the debts left behind by the deceased, because no matter what, a debt is still a debt even if it is a debt from gambling profits, which in essence the debt must be paid and paid off.

It's not like that guys, at least not in first world countries. You can either accept the inheritance or not. If the debt is higher than inherited assets, you refuse to accept any of it and get nothing, but don't have to repay any debts. Should you accept the inheritance, you also accept the debt and have to pay it, sooner the better because it's going to keep rising as debtors can add interest.
It doesn't matter if you have the money. If you make the mistake of accepting inheritance with large debt, you have to pay it back even if you're a teenager and have no money.

[UmerIdrees]

Well, yes I think debt can be inherited from parents or relatives, depending on the person that is very close to the debtor or the person that stood as a guarantor for the gambler. Before someone takes loan, they usually use someone as their guarantor which is liable to pay the loan if the real borrower is unable to repay or perhaps the person dies. If the children of the borrower are wealthy enough, they will be entitled to clear their dad's debt to avoid drama from the lender. This kind of issues have caused several issues in my place.

First of all, there is no debt as "Gambling Debt". A debt is a debt, no matter for what purpose you took it. It makes no difference whether the debt was taken to gamble or for any other purpose, it has to be repaid.

In most cultures, the debt is to be paid by the person who took it and in case he dies, it becomes an obligation on this inherits to pay the debt. This is true in our culture and also in our religion. Some other cultures may have different norms. However, if the person who gave the loan is generous enough to forgive it, then there is no better thing than this. If the deceased family is poor, it is better to help the family by forgiving the loan.

[348Judah]

It's very possible that some may have to inherit this even though it's a bad thing to see happening, there are laws and agreements in place that surrounds some gambling deals between the gambler and the gambling platform, whereby they may engage into agreements and make use of the surety or something to serve as collateral, some in their own foolishness will also make use of any of their close related family member to stand in for them, gambling is not a thing of force to do, we have to consider the future implication of everything we are doing and how such could affect others arounds us.

[rachael9385]

Well, yes I think debt can be inherited from parents or relatives, depending on the person that is very close to the debtor or the person that stood as a guarantor for the gambler. Before someone takes loan, they usually use someone as their guarantor which is liable to pay the loan if the real borrower is unable to repay or perhaps the person dies. If the children of the borrower are wealthy enough, they will be entitled to clear their dad's debt to avoid drama from the lender. This kind of issues have caused several issues in my place.

I don't think it's possible for a friend to inherit his/her friends dept, as long as the friend is not a family member to the dept or I don't think it would be possible for a friend to inherit a friends dept. I can say that families are the ones who is suppose to inherit the dept of their member, it's unless the a close friend to the family would like to assist them to pay but it's not a must for a friend to inherit any dept from his or her friend.
The essence of bringing a guarantor to collect a loan is for the sake that the loner ran away or something bad happened, then the guarantor who sighed the agreement for the loan will repay the loan.
However I have seen a case were the children are paying the loan that the father collected but the late father to the children didn't collect the loan to gamble.

[Lanatsa]

Well, yes I think debt can be inherited from parents or relatives, depending on the person that is very close to the debtor or the person that stood as a guarantor for the gambler. Before someone takes loan, they usually use someone as their guarantor which is liable to pay the loan if the real borrower is unable to repay or perhaps the person dies. If the children of the borrower are wealthy enough, they will be entitled to clear their dad's debt to avoid drama from the lender. This kind of issues have caused several issues in my place.

I don't think it's possible for a friend to inherit his/her friends dept, as long as the friend is not a family member to the dept or I don't think it would be possible for a friend to inherit a friends dept. I can say that families are the ones who is suppose to inherit the dept of their member, it's unless the a close friend to the family would like to assist them to pay but it's not a must for a friend to inherit any dept from his or her friend.
The essence of bringing a guarantor to collect a loan is for the sake that the loner ran away or something bad happened, then the guarantor who sighed the agreement for the loan will repay the loan.
However I have seen a case were the children are paying the loan that the father collected but the late father to the children didn't collect the loan to gamble.

Friend or any non blood relative then there's no way that they could be tied up to paid up someones loan or your friends loan. So its impossible, not unless if you are that part of the family
and there were some agreements in between lendor and the borrower then there would really be some responsibilities that needs to be settled or to be paid up. Of course this would really be that situational because we dont know on what are their payment agreements on the time that the gambler is still living. It do really indeed sucks that you would really be needing on paying up something which you havent
been able to make use in the right way or something worth but rather those amounts had been completely being used purely in gambling.

So as for those loved ones who are left behind then it would be just that a pain on paying up those loans if ever they would really be needing to pay up those loans
but most of the time it would really be that quits or waivered or something like this.

[Cityhunter34]

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 is very sad that some dad will have to pass on and leave dept as inheritance for their families. Expecially the next of kin. It is a clear warning to those whom their parents are Gamblers to hold their parents now they are alive to know the lapses they need to cover now they are alive. Because if they are dead the family might loose all what their dad had laboured for due to some Little dept which has no evidence of how much it is. Afterall dead men can't speak, this topic is very important because it educates us on alway tackling issues eailer before it gets too late. I believe this scenerio happens frequently and many people has lost their inheritance due to lack of evidence which the faut is from the dad. Let us make sure we settle every problem when our parents are alive before it get too late when they are no more.

The worst thing that a father we do is living a dept inheritance for his families is very bad to witness such a bad habit from your dad more especially when you are the next of king because you will feel very bad you we not be happy actor, however that's why is always good as a next of king when ever you notice that your dad is getting addicted into gambling to the extent of borrowing money to play gambling you are meant to tackle him very well because once you didn't do that when he's not alive you are the one that is going to bear the consequences.

[wiss19]

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.

That's the problem and that is the reason why a gambler should never borrow money from anyone to gamble with it because they will never be able to return the money because as you said, even if they manage to get some money from somewhere, they will think of gambling with it again so that they can win more money with it and have something left for them after they repay the loan but what happens is that they lose the money again and then again have nothing to repay the loan.

I have also seen gamblers taking loans on top of current loans, which means that they take a bigger loan from somewhere else to repay a pending loan and have some money left that they can use for gambling hoping for a win and repaying the loan but that barely happens and they eventually lose it all and then have more burden.

[Assface16678]

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.

That's the problem and that is the reason why a gambler should never borrow money from anyone to gamble with it because they will never be able to return the money because as you said, even if they manage to get some money from somewhere, they will think of gambling with it again so that they can win more money with it and have something left for them after they repay the loan but what happens is that they lose the money again and then again have nothing to repay the loan.

I have also seen gamblers taking loans on top of current loans, which means that they take a bigger loan from somewhere else to repay a pending loan and have some money left that they can use for gambling hoping for a win and repaying the loan but that barely happens and they eventually lose it all and then have more burden.

Taking loan or borrowing money just to use for gambling is like a trap or you are digging your grave more deeper, I witnessed many friends and colleagues that does borrow money and also those who discover loan apps and because they saw it convenient they keep on borrowing because they hope that they hit big win then they can pay off all their debt but its like a double edge sword, you can win or hit a jackpot in gambling truly, but again you should also consider the risk and consequences, the more you lose the more you suffer, and what more you are loaning and borrowing money? Then imagine the chaos that might happen to your life, so gamblers should be contented on what money they have to use for gambling, if they lose it all atleast it will only affect them and they can still fix it. So gamble responsibly, think before you decide and think twice before you commit to an action.

[pawanjain]

I have often heard about such incidents where the gambler or let's say the person in debt passes away and then their family had to repay the debt.
So yes, in many the debt is inherited by his family and in some cases I guess the debt becomes invalid since the person himself passes away.
But according to me people should not let the debt be passed on to their family at first place.
If someone is taking a debt they should make sure to clear it out ASAP and if not then they should have a back up plan in place in case of such mishaps so that their loved ones don't suffer.

However, the heirs will be obliged to pay off the debts left behind. whether the money is used for gambling or other purposes. heirs or family members cannot just claim or enjoy pleasure when they have money alone. but when a person dies but still leaves debts, then there is an obligation for family members or heirs to pay those debts.

but we don't know what the agreement is between the lender and the person who borrows. but in my opinion, the debt still has to be paid. even with requests for relief or other forms of negotiation.
Of course we have to see the proof and legality of the loan made. it could also be an opportunity for blackmail that could occur to the heirs. We also have to see whether the loan uses collateral or not. because it is related to the assets owned, of course it must be resolved properly.

Don't you think that's not fair ? What happens in case a gambler takes a loan and loses it and then dies ?
Why is his family obliged to pay the debt ? I know that if he would have won then he would have spent some portion of the money on his family but that doesn't mean he took their permission to take the risk to gamble.
Also, there might be a chance that the person who gave t him loan would have cheated the gambler's family and made them pay more than what was asked.

[rojan]

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.

Gamblers try hard to get loans from people close to them after their funds are exhausted. My friend lost money by gambling after taking a loan from me. Now I can't contact him in any way and he is far away from me.I didn't realize that he would gamble with money from me. I would have never given him a loan if I could. Several days after the loan I was able to leave, he gambled with loans from several other people and exhausted the funds.

[adpinbr]

Tell me the person is dead and the person is dead if there is money in the person's account that is only reason where we can be talking about taking money out from his account to settle the debt but the children inheriting the depth is not making any sense to me because I don't see someone inheriting depth than does not mean much in the family just a gambling depth I don't think it will be possible and well I don't know much about this and believe more to reply has already been done on it so whatever it happens to be that is it I just give my little opinion to me if I am to be in a position of asking this question to people or judging or if I'm in position to be a judge on this, I will not let anyone inherit any debt that involve anything gambling because it's not a reasonable debt how would someone go and borrow money to gamble it is really bad

[ethereumhunter]

Gamblers try hard to get loans from people close to them after their funds are exhausted. My friend lost money by gambling after taking a loan from me. Now I can't contact him in any way and he is far away from me.I didn't realize that he would gamble with money from me. I would have never given him a loan if I could. Several days after the loan I was able to leave, he gambled with loans from several other people and exhausted the funds.

If they trying to get loans to keeps playing gambling, that will not be a good idea for them because they must realizes that no matters how much money they use to gambling, they will still difficult to win in gambling. They should not inherit their gambling debt to their families because their family doesn't knows anything about their gambling activity. That will gives a problem to their families because their families must repay the debts.

That's why when we wants to playing gambling, we must have allocation for the funds so we don't use the money for other needs. We will not trying to breaks the limitation because that can cause us in trouble which we can't fills our daily needs. We always remember that gambling is just a fun thing and we don't have to use much money or even take a loan from other people.