First of all, this blog entry is not fear mongering, and this is not to try to convince anyone to file bankruptcy. This is simply a forward to an article on a study done by the University of Wisconsin, a study of over 9,000 children.
http://www.fool.com/investing/general/2016/02/21/heres-how-your-debt-can-harm-your-childrens-happin.aspx