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Seeking Advise Re: Sale of encumbered Motor Vehicle

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Arresto Menor
I want to seek opinion or legal advice regarding this matter.
Thank you very much.
Sometime in March 2013, Spouses A sold their encumbered Motor Vehicle to Spouses B  for and in consideration of the amount of 200k. Subsequently on  July 2015, due to some problems, Spouses B sold the same Motor Vehicle to another person in the same amount of 200k and executed a Deed of Sale with assumption of Mortgage.  Spouses B, informed Sps. A regarding the matter, that the said Motor Vehicle was already sold to another person . Thereafter from August 2015 to November 2016, Spouses A were aware that the monthly amortization of the subject vehicle was being paid by the said third buyer.  however, when the said third buyer defaulted payment, Spouses A now started harassing and threatening  spouses B. that they will file carnapping  and estafa against Spouses B.  
Here are my questions:
1. If you are the counsel of Spouses A, what are your courses of action?
2. If you on the other hand  are the counsel of Spouses B, what is your remedy?

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