Proposal to Creditors for Discharge is one of the eServices under IPTO's Insolvency eServices. It allows the bankrupt to submit debt settlement proposals.

A summary of the Proposal Details will be provided for the bankrupt to check before proceeding for submission.

A unique E-Filing Number will be provided for each successful submission. The number will be used as a reference if the user needs to check his submission with IPTO.

If you are new to IPTO eServices, you may like to go through General Information first.
If you have problem accessing IPTO eServices, please check Technical Guide.

 
 
Step-by-Step Guide

1. Outstanding Proofs of Debt
2. Debt Settlement Proposal
3. Transaction Summary
4. Transaction Completion

 
 
   
 
 1. Outstanding Proofs of Debt
 
 
If you have Proofs of Debt pending admission, you will need to complete the admission before you are allowed to submit your debt settlement proposals. As such, the system will bring you to the Admission of Proofs of Debt eService automatically.
 
 
 
   
 
 
 
 2. Debt Settlement Proposal
 
 
This page allows you to enter your debt settlement proposal details. Enter the details as required. Please note that if you make a settlement proposal, the funds to be deposited must meet the minimum sum accepted by IPTO.
 
There are four buttons available, the [Back], [Next], [Clear Page] and [Cancel] button.
Back : Brings you back to the previous page.
Next : Brings you to the next page.
Clear Page : Clears all the values of the fields you have entered.
Cancel : Cancels this transaction and brings you back to the Proposal Page.
 
 
 
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 3. Transaction Summary
 
 
This page displays the summary of the Proposal Details that you have entered before you proceed for submission. Check the details. If you need to make amendments, click on the [Back] button to go back to the previous page. Otherwise, click on the [Submit] button to complete the submssion.
 
There are three buttons available, the [Back], [Submit] and [Cancel] button.
Back : Brings you back to the previous page.
Submit : The information you entered will be submitted.
Cancel : Cancels this transaction and brings you back to the Proposal Page.
 
 
 
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 4. Transaction Completion
 
 
Upon successful submission, this page will be displayed. An E-Filing Number will be generated for your reference. The details of your submission will be displayed. You should print out this page for your future reference.
 
 
 
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Version No: 1.0 Last Updated:25/08/2004