The application of the Personality Principle in Article 1315 BW jo. 1240 BW in relation
to Article 833 paragraph (1) BW was examined in this study, as well as whether these
articles conflict with one another. Data were collected through interviews with key
informants, and from legislation, journals, books and articles from websites. The study
found that Article 833 paragraph (1) does not conflict with the Personality Principle
because if the debtor dies, the heirs have no obligation to pay off the debtor’s debt,
because an agreement only binds the parties who signed it, including the debt
agreement. The bank would not declare the debt paid off until the insurance claim was
settled