The most common and most likely answer to this crossword clue is the 3 plus 2 plus 3 plus 6 plus 3 plus 4 plus 3 plus 4 letter word OUT OF THE FRYING PAN INTO THE FIRE
I've seen this crossword clue in The Guardian
O
U
T
O
F
T
H
E
F
R
Y
I
N
G
P
A
N
I
N
T
O
T
H
E
F
I
R
E
Buddy explains!
The straight part
We know that "Another effing hot type of ruin? It could be!" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case another effing hot type of ruin? it could be! = out of the frying pan into the fire.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.