My husband secretly racked up huge gambling debts - could I lose my home because of it? VANESSA STOYKOV
A wife discovers her husband’s $90,000 gambling debt and seeks advice on protecting her family and finances.Summary
A woman writes to financial advisor Vanessa Stoykov after discovering her husband secretly accumulated $90,000 in gambling debt, depleting their children’s savings account. The debt arose after he lost his job and began gambling online and playing pokies, hoping to recoup losses. The wife is worried about losing their home and assets, as some debts are joint. Stoykov advises seeking professional help for the gambling addiction, understanding the full financial picture, and potentially separating finances and seeking legal counsel to protect her interests. She emphasizes the importance of honesty, transparency, and a clear plan to tackle the debt and rebuild their financial future, noting that recovery is possible with the right support.
(Source：Mail Online)