It is possible that you did not suddenly wake up one day to find yourself facing insurmountable debt. You may have noticed for some time that your credit card bills were getting higher, as you were only able to make minimum payments, and your other loan balances continued to grow due to interest and fees. Of course, it is also possible that a sudden event did contribute to your debt issues, such as a medical emergency or unexpected job loss.
You may have tried to put off having to take any major action to handle your debt for as long as you could, but you may now feel ready to take that action. Still, you probably have some reservations about taking a step like filing for bankruptcy, because it can have such a significant impact on your life. However, it could be for the better.