A psaltery is more or less a generic term for a type of musical instrument that consists of strings mounted on a wooden board, and tightened by pegs. Every major culture in history has developed a psaltery or one sort or another, and it is clearly thousands of years old. For instance, the hammer dulcimer is a psaltery played by striking, and arose in the Middle East more than 3,000 years ago. You can read some more about the history of the psaltery.
According to the US Bankruptcy Courts statistical reports, there were about 1.4 million bankruptcies in the United States in 2009, or almost 4,000 bankruptcies a day. Almost all bankruptcy filings are handled through federal rather than state courts.