Legal Question in Real Estate Law in Virginia

Indemnification Agreement

My lawyer verbally, and in writing, agreed to pay a judgment secured against

me on a civil bond. By so doing my mother's property would be released. The

judgment creditor cannot be located causing the payment to revert to the

Commonwealth, which he is against. He is willing to execute an

Indemnification Agreement under which he agrees to accept full responsibility

for any claims against my mother's property should such a claim be made.

About eight years are remaining on the life of the judgment, my mother is 80

and in bad health. At the time she signed the bond he told her the property

would be released in about six weeks. Should my mother enter into an

agreement with him or would it be wiser for her to secure a lawyer?


Asked on 4/01/05, 9:15 am

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Re: Indemnification Agreement

What happens in the event that your lawyer dies next week, his estate subsequently is probated (with all of his obligations owed at the time of his death being paid)within the next two years after his demise, and a claim is then filed three years after that? Who's going to pay or negotiate a settlement for the claim at that time?

Judgments are also subject to renewal for a term of up to twenty years, depending upon the court in which they've been filed.

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Answered on 4/02/05, 7:49 am


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