According to California law, apparently not.Last month a woman who racked up about $80k on her credit card with online gambling was able to walk away from it because gambling is illegal here, and therefore can not be enforced.
Seems to me that I read an article about someone that gambled in California. That person went after them for the money and the courts would not enforce it. Depends on the state, I would imagine.Maybe some one else could be less vague.Catleen
That person went after them for the money and the courts would not enforce it.I'd be more concerned about Guido and his pals enforcing it. ;)--ptheland
Okay, quick poll here - how many of us have $80k's worth of credit limit to run up gambling debts on? Not me, certainly.
Hi ebitda!Yikes! If you're referring to casino debts, the answer is yes. When you receive credit from a casino, that's done virtually the same way as credit taken through any other lender. They will go out of their way to see that the debts are repaid, whether by garnishing wages or whatever.However, if you're in trouble (and I hope this isn't the case), there are avenues of help available--support groups that can offer advice, etc.If you'd like me to help you search for some of these, feel free to drop me an email.Good luck!Tony...but I still am...Off2Aruba
I got a very good laugh out of this question. If you have a gambling debt. . .You best pay it. hahahaha That is if you like your health and your limbs in tact.hahahaha
The general rule is: If the underlying transaction is legal - i.e. legal casinos, lotteries, OTB - the debt is enforceable. If the gambling was illegal - which might or might not include online casinos, bets among friends or with bookies, the debt may not be encoreable.
From previous messages, it seems that gambling debts are in fact legally enforceable, at least in some states. In any case, this may be a state-mandated issue, so check with your state atty general's office.However, I also remember reading or hearing somewhere that gambling loses can also accounted for (written off?) or something on your tax returns. Best ask the tax advice board about this. Whatever the outcome, I wish you luck.
As far as the woman in CA that walked away from the $80K gambling debt, it was a debt from online gambling. Since online gambling is illegal (at least in CA), the debt was unenforceable. I guess it would be like a drug dealer going to the cops because one of his users hadn't paid up. *l*Although as someone else pointed out, there's always the Guido factor.Harley
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