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?
We all know that gambling is a risky thing and when we gamble we have to lose our money. So we should not lose that amount of money in gambling which will put us in danger. Taking loans from family members like us from father when we don't have money is not considered as loan. So we never think about it and on the other hand we lose them without hesitation. But we should take care of money to learn fund management and lead life well then we will be able to prevent wastage of money. Otherwise, if we indulge in bad addictions like gambling, we will suffer a lot financially 
Topic: Is it possible to inherit a gambling debt? - page 16. (Read 1975 times)
In most countries when debt is so high then the gambler's family is bound to pay the debt. In most cases they have to sell their properties in order to pay the debt, but if debt isn't too much then the lender allows them to pay him on monthly basis. But, that lender can do so many wrong things with that family and whatever he tells them they'll have to obey his orders. I even heard that some of such lenders often sexually exploits wives and young daughters of those who take loan from them. It's a bitter truth but it happens in many communities. Lenders want their money back badly and for that they can go to any extent.
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.
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?
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