Bankruptcy is the most important financial decision you will make in life.
Write all you debits that you have and try to figure out what can you pay with the income that you have coming in. After this you can decide if you will like to file for chapter 7 or chapter 13 bankruptcy.
It is best to get a bankruptcy lawyer to help you with all the legal advice and paperwork, although you do not have to get an attorney you can just go to your local bankruptcy court to turn in the paperwork. Remember that filling for bankruptcy will affect your credit score. You will have to work on building you credit history all over again. Bankruptcy can be on your credit score for up to seven years.