“The 2013 filings represent the lowest total since 2007, and they have dropped each year since 2010,” said ABI Executive Director Samuel J. Gerdano. “Annual bankruptcy filings will likely continue to drop amid sustained low interest rates
and high costs to file.”Bankruptcy Filings Down 13 Percent in 2013; Lowest Since 2007
"Sustained low interest rates". Punishes prudent savers and rewards those in debt up to their ears.