Dealing with addiction can be very difficult in its own right. But it can be even harder when it is accompanied by financial disaster. Erica Sandberg has a must-read article about dealing with the money woes that often follow substance abuse:

Descent into drug-related debt can be slow or fast, with much depending on the substance. Mike Bloom, owner of Pasadena Recovery Center in Pasadena, Calif., says any drug can lead to financial ruin; however, “methamphetamine, crack cocaine, pain killers, alcohol and heroin are at the top of the list,” he says.

Addicts generally start borrowing money from friends and family in small increments — but it adds up quickly. And as a person’s habit becomes more expensive he will start to exploit opportunities:

Cash sources include home equity loans, advances from credit cards and loans against their car. Bank accounts are overdrawn. They may pawn valuables, both their own and others’. Employed addicts may ask for payroll advances or take out payday loans. Almost all stretch out a hand to friends and family members.

Unfortunately financial obligations often stand in the way of recovery. The more money addicts owe the harder it is to return to normal life:

“Most of the time, an addict has a low credit rating,” says Bloom. “In a tight economy, addicts have a hard time renting an apartment, buying a car or house.”

Declaring bankruptcy might work for some addicts. But many debts – like child support, alimony, and debt the result of fraud – are not dischargeable. Generally, the best way to improve credit is by repaying debts. Making amends can also be an important part of recovery (see Step 9).

For many more tips on dealing with drug-related debt as well as suggestions for providing a support system for addicts, read the entire article.