Explanation of Article 187
This article addresses the statement of "the effect of the death of one of the parties to the obligation on the term," which is: that the death of one of the parties to the obligation on the term results in the debt becoming due or remaining deferred.
The article stipulates that the deferred debt does not become due upon the death of the creditor, but rather upon the death of the debtor. For example, if the debt is deferred to a certain term and the creditor dies before the term is due, the debt remains deferred and is transferred to the heirs of the creditor.
It is worth noting that this ruling applies to all types of obligations, whether they are contracts, declarations, discharges, or otherwise.
This article is considered one of the most important articles related to the effect of the death of one of the parties to the obligation on the term, and it clarifies the impact of the death of one of the parties to the obligation on the term on the obligation.
Related To
Article 187
If a ruling is issued to invalidate a disposition made by a debtor whose debts exceed the value of his property, all creditors who are prejudiced by such disposition shall benefit from such ruling.