Quote Originally Posted by win23 View Post
Will I go to jail? Totoo po ba walang na kukulong sa utang.? Possible demand for the orig owner? Will I have a good defense like failure of sale or any .. Pasensya na po .. Tamang praning na sa problema .. Tnx
Again, based on your assertions, without an access to all pertinent facts:

Di ka dapat makulong. The worst that can happen is the court will be forced to attach properties (garnishment) to "return" the car (or the value thereof) to the original lender.

You don't want to involve the insurance company in your mess. That will complicate things, and it will not help your cause. Baka maging criminal liability pa.

The bank will rightfully go after the borrower, not you. Yung borrower ang maghahabol sa'yo. Sinabi na nga nilang they don't honor your "void" contract, so how can they oblige you to pay? As far as the bank goes, you're not a persona to the loan agreement.

I hope that this clarifies your questions.