Is it simply religious fear mongering that muggles warn that working or having a pact with a Demon automatically means being their slave or property after death?
I don’t believe such a powerful entity would need or want a ‘slave’ and see it as a partnership in this life and that beyond.
I believe that one may be at ease about fear of soul sold forever (well, should the afterlife be static and thus eternal, it would be a problem).
The soul would be sold, supposing that this is a real option, “only” for the due period.