Topic: Is it possible to inherit a gambling debt? - page 4. (Read 1965 times)

It is true that many people say that the more we bet, the more money we lose and that's it. With those who chase victory, it can be said that they are digging a hole to bury themselves in, because by chasing victory, what will happen is that they will lose more. a lot of money and it will make them feel pressure if they keep losing money, every now and then they might be able to get a win but unfortunately the win they get won't be able to make them stop completely, because there are gamblers who can't wait when they get a win, they end up betting again. by increasing the number of bets which ultimately only results in the winnings that have been obtained being lost again and that is where their mentality can be affected which makes it possible for them to become stressed, especially if they are already in a lot of debt.
Indeed, for those who become addicted, it is a brain disease, where they are so completely influenced by gambling that they don't think about anything else, they only think about gambling and what they want to do. and being able to recover from this addiction is certainly not easy, even with help from someone who is an expert such as psychology, it does not guarantee that someone who is addicted can recover completely and be clean despite their addiction.

That's not legal. First of all the friend is not the one who was registered for the loan, he may be there but they cannot just arrest him for that. Sure, they can question him about the whereabouts of his friend so that the authorities can track him but not force arrest him just because he became a friend with a problem gambler.
So that's a no-go and the authorities will have a big problem if they do that.
The borrower on the other hand will be in trouble for escaping the debt and all his friend can do is update the police when he suddenly comes out and seeks help. Inherited debt mostly came from mortgages and maybe credit card loans especially if the registered borrower also input his relative name in his application.

someone can inherit debts of gambling, when your friend is addicted gambler and ask you to accompany him to gambling center and your friend have no money to gamble and he gambles on credit, if time is due to repay the debt from the management of the gambling center, and they look for the person for two days without knowing the person way about, I believe that the friend if is available they will get him arrested, and he will pay the debts, we have different ways someone can inherite someone debts, which I know vividly from my own understanding and observation.

That's true. It would be wise to have a signed agreement with a collateral so just incase something unexpected happened, the lender can still get his money even after the death of the borrower. Because the debt can't be pass to the relatives unless the person has a properties left then that's where they'll get the money to be use to pay the loan. I'm not certain if this is the legal way but here this is what's happening. Especially if the lender can present an evidence that the person really have a loan from him before his passing.

Gambling is actually a shameful act, especially when you are already addicted to it, because even if you don’t have the money to gamble, someone will go and sell you valuable items and properties. If they finish and you have nothing to give, then you will definitely go and collect a loan to do that, and that is where the problem will start because when collecting a loan, you most Have an application letter, and in that application most of your information will be there, which includes the information of the next of kin. So definitely, if the person who collected the loan passes away, the next of kin will pay off everything, which is when you will inherit a painful loan.
 
And that doesn’t affect only gambling addiction but anything that can be addictive because it can lead you to your early grave, because it deals with your mental health, and when it is critical, it can cause mental disorders, which can lead to death, madness, or even more complications. 

First and foremost lending funds to gamble is actually an irresponsible gambling,so clearing a gambling debt it's possible in most countries while most countries it's impossible because lenders ought to clear their debt before their dismissal and not something that should be passed to the children as an inheritance but incase such happens the children will have no other option than to sell theirs dads' properties to clear the debt.
Gamblers should learn to avoid mistakes like lending huge amount of funds to gamble with the expectation of winning, gambling it's a game no one can predict it's outcome so it should be done the right way by gambling with the funds you have.

Debt should be paid up and it would really be your responsibility but on the  time that if you die then possibilities that your loved ones would really be paying up the loan. This is why as much as possible then it would really be better that you should really be clearing up your debt. Its true that it wont really be just that on gambling debt but also in other debts as well. As much as possible we should really be not having that kind of
behavior on taking debts or loans because we do know that paying up would really be a huge challenge specially if the loans are keep on piling up, and also its never been that ideal or worth on taking up some loan
just for you to gamble and it would really be better that you should be taking up some loans when you are really that having that business or investment.

Inheriting gambling could be possible depending on whats the agreement of the debtor and the ones who grant it, if there would really be some agreement and signed
then if its stated then it would be responsible for them to pay up on what you have spent.

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.

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.

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.

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.

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.

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.

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.

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.

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 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.

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.

   -   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.

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.

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.