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Your dilemma is not really a purely legal question. In a settlement, even when you feel you are not at fault, your willingness to settle is based on 1) your humanitarian need to help your fellowman and 2) your desire to avoid the cost and hassle of being embroiled in a case. Unfortunately, you pay with money and inis dahil you believe hindi ikaw ang may kasalanan.
At this point, it can only be up to you to decide which course to take, knowing the consequences of each choice you have. If you feel you've done enough, and don't think the parents are so willing to file a case, then you can take your chance and refuse.
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