What is a formal and informal personal injury lawsuit?
A formal personal injury case is when an individual files a civil complaint against another person, business, corporation, or government agency stating that the accident occurred due to the carelessness of the one who caused the injury.
An informal lawsuit on the other hand is resolved through an informal settlement. This happens between the two parties involved in the dispute along with their insurers and attorneys. This settlement is usually done through negotiation, followed by a written agreement where both parties forgo further action. The matter is resolved through payment of an agreeable amount of money.