Research Proposal Example | Topics and Well Written Essays - 1500 words

Research Proposal Example Knowing any potential impact would further lead to the investigation on how creditors would create any important accounting-related adjustments just to be able to ensure survival of their business. Thus, the following questions will be answered at the end of the study. This study will employ both quantitative and qualitative method of research through a survey questionnaire and personal interview. In the end, this study will lead to understanding the micro-level impact of DRO on lending and banking institution, and increasing the knowledge on the specific probable moves of banks and lenders to maximise their revenue on short-term loans amidst the implementation of DRO. The purpose of this research is to investigate whether the perceptions on Debt Relief Order (DRO) have significant impacts on the revenue of creditors especially those who have potential profit in offering short-term loans with high interest rates. Knowing any potential impact would further lead to the investigation on how creditors would create any important accounting-related adjustments just to be able to ensure survival of their business. One of the ways in order to protect an individual or a company from exact financial obligation from creditors is to file bankruptcy (Elias, 2011). This is a way of doing something to secure any form of financial obligations that could no longer be handled accordingly. However, in any way this is also a remarkable opportunity to actually create a fresh start when it comes to financial concern of an individual or organization. On the other hand, this also has a remarkable impact on the part of the creditors. Although, individuals who are in financial trouble may actually find it hard to secure financial support in the future for not being able to pay any accounts payable, insolvency on their part could create at some