Question
Xenon purchased on installment basis a Toyota Camry from Toyota Motors Philippines - Baguio City Sales Office. Having failed to pay his installments in the
Xenon purchased on installment basis a Toyota Camry from Toyota Motors Philippines
- Baguio City Sales Office. Having failed to pay his installments in the amount of
P800,000.00, Toyota Motors Philippines sued Xenon before the Municipal Trial Court in
Cities of Baguio City for REPLEVIN (it is an action for the recovery of personal property)
which was favorably granted by the court and directing Sheriff Mar-1 to seize the unit
and sell it in an auction sale to obtain satisfaction of Xenon's obligation to Toyota
Motors Philippines. At the auction sale, the Sheriff was able to sell the Toyota Camry for
P500,000.00 leaving a balance of P300,000.00. Can Toyota Motors Philippines recover
the balance in the amount of P300,000.00 from Xenon? Explain with legal reason.
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