It is possible to file a bankruptcy and have the suspension for not having insurance lifted. If your license is suspended for other reasons, filing a bankruptcy case will not help get the license back. You need to meet with a bankruptcy attorney who can help you determine if filing bankruptcy will help your situation.
You do not provide much information, but if you lost your license due to an unpaid judgment arising out of a motor vehicle accident, discharging the underlying judgment debt in bankruptcy will result in your operating privileges being reinstated. As soon as the bankruptcy is filed the automatic stay provisions will result in your license suspension being lifted.
There is not enough information here to be able to answer your question reliably. You should schedule a consultation with a bankruptcy attorney who can properly advise you after obtaining more information.
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