Depression and Addiction after Bankruptcy

Depression and Addiction after BankruptcyDepression affects a huge portion of United States citizens, as does addiction. It may be a case of the chicken and the egg, as it can be blurry as to what problem occurs first. Both depression and addiction are generally linked closely together, and even more so now with over 1.3 million filings of bankruptcy from March 2011-March 2012 in The United States alone (according to

With the country’s current economic status, many Americans have forced to file bankruptcy as a last ditch effort to keep afloat. This kind of pressure and stress placed upon these individuals can be so overwhelming that it can lead them down a path loaded with depression and addiction.

Addiction and bankruptcy

People who are going through bankruptcy may use drugs for any of the following reasons:

  • Blocking it out. Drinking and/or using drugs can appear to be a quick and easy way to cope with bankruptcy. It can relax users and detach them from their hardship, providing the space away to feel somewhat normal. Unfortunately, using substances to block out these problems will only create more issues later on.
  • Cheer up. Many people associate drinking and doing drugs with being happy and getting satisfactory emotions. Many drugs provide those feelings at first, which can be exactly what someone who is facing bankruptcy feels as though they need to keep moving on.

If you abuse drugs for these reasons, you are playing a dangerous game since addiction could swiftly follow.

Depression and bankruptcy

On the other hand, going through bankruptcy may lead to depression in any of these ways:

  • Feeling lost. No one ever anticipates having to file bankruptcy. This is highly uncomfortable to discuss, and even more difficult to accept. Feeling like a failure can make someone feel completely out of sorts, and provide a sense of being lost. These emotions can brew a major storm of depression that can develop quickly.
  • What to do. Not knowing how to handle bankruptcy can be extremely frustrating. The paper work, different rules and regulations and leg work to keep the process moving can overwhelm and constantly remind people what is holding them back. Feeling out of place and unable to know what to do next is unsettling, and provides for shaky ground for those enduring a tough time.

Dealing with bankruptcy can be highly detrimental for both the filer and her loved ones. Not only are these people susceptible to depression and addiction, but they are at risk for putting their families in even more danger as they look towards drugs to alleviate stress. Being depressed affects everyone, as they are directly dealing with someone with little to no drive to make things happen. The best way to avoid depression and addiction after filing for bankruptcy is to seek help from a therapist who can provide the utmost care for the difficult situation.

Help with Bankruptcy, Depression and Addiction

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