What is the difference between dealing with a credit consolidation comp. and banckruptcy?

I am deliberation BK,upside down 25k,repos,credit cards….. no debt or complications. Can hit a payment, i am 34 eld aged as well as unequivocally enterprise to repair my ituation. we hit worked with people who hit 2 bankuptcies. we hit minimun salary though assimilate a need for glorious credit.