Bankruptcy is a very serious decision to make. It impacts your life for a number of years. If you have tried all the other ways, i.e. debt management program, debt consolidation, etc than that may be the only option for you.
Bankrutpcy is alot different now and not as easy to do as it once was. There are alot of things that are taken into consideration on what chapter you will qualify for based on your income and if you have secured/unsecured debt as such. I would contact an attorney that offers a free consulation and that will give you an idea of what to expect.