FI showroom red and grey logo
MenuMENU
SearchSEARCH

Surge of 1Q Bankruptcies Provide Dealers With Larger Market

The United States bankruptcy court system discharged nearly 206,000 personal bankruptcies during the first quarter, and more than 266,000 additional households filed for a new bankruptcy, according to www.OnlineBKmanager.com.

by Staff
April 21, 2009
2 min to read


PHOENIX – The United States bankruptcy court system discharged nearly 206,000 personal bankruptcies during the first quarter, and more than 266,000 additional households filed for a new bankruptcy, according to www.OnlineBKmanager.com.

Its findings, the company said, provide its clients with ample opportunities within their respective markets.

Ad Loading...

“We have seen increasing results with our program over the past six months,” said Robert Davies, president of www.OnlineBKmanager.com. “While some dealers have slowed their advertising efforts, others have stepped up and are taking advantage of the situation. For example, last week one of our new clients closed 50 percent of the respondents from their initial mailer and delivered more than 15 units.

“During our analysis we found the majority of these buyers were not contacted by other dealers in the market immediately following their bankruptcy discharge,” added Davies.

He said the 5.2 billion piece mail volume decline as reported by the United State Postal Service has helped his clients’ mailers stand out to consumers and increasing the results for clients. The OnlineBKmanager.com’s program is for dealers with sufficient subprime experience.

The company is offering its money back guarantee for the second consecutive year. “If the dealer does not gross back their investment within the first 60 days of service, we will give a refund and the dealer can keep our program for the remainder of the 12 month term,” said Davies.

More F&I

Assurant, Sell Value Build Trust, F&I Series, Expert Trainer Trent White
F&ISeptember 2, 2026

Sell Value, Build Trust

In this video, Trent White explains why selling on value, not fear, builds lasting customer trust, reduces cancellations, and drives long-term success.

Read More →
2026 StoneEagle summary
F&Iby Hannah MitchellAugust 31, 2026

F&I Sales Give Dealers First-Half Lift

Product business shored up total profits to avoid an overall revenue tanking as product penetrations held steady, StoneEagle reported.

Read More →
man with white hair and glasses delivering a speech standing next to a podium
F&Iby Lauren LawrenceAugust 31, 2026

Targeted Training Drives Results

Today’s technology, instead of threatening F&I managers, can actually make them better, according to an industry veteran who’s watched market setbacks roil the unprepared.

Read More →
Ad Loading...
Man's hand holding pen over a paper document
F&Iby Justin B. GasmanAugust 20, 2026

Double the Change, Double the Chance

When an F&I manager gets a customer refusal, it’s a wise move to tweak more than one thing in the product offering.

Read More →
Laptop computer, tablet, calculator and notebook on a desk
F&Iby John TabarAugust 20, 2026

Just Do It

F&I managers need training, but instead of resisting application or expecting perfection, they should improve by simply acting on what they learn.

Read More →
stacks of coins, a calculator, paperwork, and a pair of glasses in the background, text Lender Experience Drives Dealer Decisions, F&I and Showroom
Auto Financeby Lauren LawrenceAugust 12, 2026

Dealer Lender Preferences Revealed

When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.

Read More →
Ad Loading...
Leading with Purpose thumbnail. Trent white pictured in front of titled graphic.
F&IAugust 5, 2026

Leading with Purpose

In this video, Trent White explains how understanding your people’s 'why' is a key leadership responsibility of F&I professionals and how that mindset drives dealership engagement, trust and performance.

Read More →
Photo of a keyring with mltiple keys, including a car key fob, on a white surface
F&IJuly 15, 2026

Integrating Nontraditional F&I Products

The niche presents a strategic advantage for auto dealerships as they move to adapt to fast-changing consumer expectations in today’s market.

Read More →
Photo of businessman's hands holding eyeglasses at a desk
F&Iby Rick McCormickJuly 7, 2026

Trust Is Personal

Technology, no matter how efficient, can’t replace what the human F&I manager can do, which is to bridge the divide between cyberspace and the in-store experience.

Read More →
Ad Loading...
Photo of executive in a sports coat and glasses
Industryby StaffJuly 2, 2026

Amplify 2026 Billed as Turning Innovation Into Results

Reynolds and Reynolds says its annual retail summit will connect dealers with practical strategies, peer insight, and technology-driven ideas.

Read More →