They need to be smacked! haha. I'm the F&I mgr so I deal with this on a daily basis with BK's and Honda Finance and 5 years is waaaay off. I've gotten deals done through AHFC as soon as 1 1/2 years out of BK... It's all in the fine details when it comes to re-establishment etc.
Tried to finance a cb1100 a month or two ago and reason they wouldn;t was bankruptcy then another dealer emailed me saying the same thing but adding the 5 year thing. Dunno. Maybe i'll try calling Honda Finance and asking or something. paying this elite off has got to help put something in my corner.