Quote Originally Posted by mikedp5 View Post
Hi my dad died 1 year palang ng 5 year loan namin. We opted to continue payments para wala na problema. Paid na yun loan. Problem we have to get the original CR. The bank said judicial settlement and affidavit of publication. Problema kasi namin may mga utang un father ko sa ibang banks. Eh baka maghabol sa kotse. We paid un utang niya sa BPI (where the car was loaned) para di kunin din. Wala kasi co maker, waived nun manager nuon.

If anyone can help. Please.
you have to bite the bullet: creditors are not precluded to go after the estate of your father. in the mean time that his creditors are yet to sue the estate, you're better off following the bank's advice. who knows they (the creditors) might lose interest to go after that car if it's already in your or any of the heir's name. but the proverbial sword of damocles hanging over your head will still be there ready to fall.