Need another reason to hire a Bankruptcy Lawyer? Experience is crucial to success when hiring a bankruptcy lawyer. Do you know the U.S. Bankruptcy Code? Do you know District Courts’ bankruptcy laws? Do you know what property is exempt from bankruptcy? Filing for bankruptcy requires knowledge of the federal code and local case law. An experienced bankruptcy lawyer has worked on hundreds of cases and understands the intricate details of the process. A bankruptcy lawyer will be familiar with current laws, courtroom procedures, the bankruptcy filing process, and filing timeframes.