Line muffin pan with paper liners.
Place 4 pieces of walnuts or pecans into each liner. Put one unwrapped caramel candy on top of nuts. Bake in 350 degree oven until caramels sag, about 7 or 8 minutes. Remove from oven and place 12 to 14 chocolate morsels (milk or semi- sweet) on top of caramels.
Cover pan for about 1 minute with a cookie sheet.
Spread melted chocolate with table knife, then cool in refrigerator. Enjoy! (If candies are hard, allow to stand at room temperature for a while. If they are still hard, cook for a shorter time, next time.)