@Drejg
Not necessarily.
Did the PC automatically do the reset, or did you force a reset? It makes a difference.
If you have access to a working PC and are willing to do some work, you can follow the directions below for creating a USB stick you can use to rewrite the corrupted BCD that is causing that error.
acrium Reflect is a free tool that can be used to image and restore PCs, but it also has an option to create Rescue Media (in disk or USB form) that can then be used to boot and/or Repair your PC.
It is available from here: http://www.macrium.com/reflectfree.aspx
What I recommend is the following:
a) Download and install Macrium Reflect (MR)
b) Use the option to create a boot USB stick or CD
c) Boot your PC from the MR media -- it will take a while, so be patient!
d) If needed, select the option to repair the Windows Boot
The PC should now reboot without problems. IF it still has problems, there are other issues at play.
I am a volunteer and I do not work for, nor represent, HP