what to do? what to do?

I have accepted the fact that I will have to format my hard disk after chkdsk /r and chkdsk /p and fixmbr all failed to complete.
However, on formating through the recovery console I get: a blue error screen saying … the problem seems to be caused by the following file: partmgr.sys

STOP: 0x000000CE (0xF7933667,0x00000000,0xF7933667,0x00000000) partmgr.sys

Please help. Can I somehow reformat my hard disk and at least try recovering some of my important files? Or will I have to buy another hard disk – I have a lap top and this will be pricey…