Filing for bankruptcy includes choices that will be better made with the advice of a Parker CO bankruptcy lawyer. He can help you sort out your debt to realize if it can be discharged under Colorado state law.
The next step will be to determine if your debt is significant enough to petition for bankruptcy. Usually, if you owe more than $10,000, or more, and you and/or your family is facing hardship, your lawyer will advise that filing for some type of bankruptcy is in order.