The Solicitors’ Charity (SBA) has today announced that it has started processing applications to its newly opened £1,000,000 Personal Hardship Fund. The fund is designed to support solicitors who find themselves experiencing serious personal financial difficulty, following the outbreak of COVID-19.
Solicitors can apply for help from the fund by visiting the charity’s new online COVID-19 Support Hub and completing the application form online ensuring they meet the eligibility criteria.
Nick Gallagher, CEO of The Solicitors’ Charity said: “We’re delighted to announce both that the fund is now open for applications and that solicitors have immediately begun applying. We hope this will provide some relief and reduce some of the stress and worry that many in the profession are currently experiencing.”
Full details on eligibility are available on the COVID-19 Support Hub. However, included in the reasons why solicitors may be able to apply for Personal Hardship Fund support are;
The Personal Hardship Fund requires applicants to be on or have been on, the Roll of Solicitors of England and Wales. It also focuses strongly on getting money to those most in need, and so requires applicants to have no more than £2,500 in accessible household savings. It is also expected that applicants will have taken advantage of available help such as mortgage payment holidays and will have started the process of applying for any applicable welfare benefits.
The Fund has been announced alongside the launch of the charity’s online COVID-19 Support Hub which provides useful information, support and links to help individuals.
For more information on the Personal Hardship Fund, including eligibility please visit The Solicitors’ Charity COVID-19 Support Hub www.sba.org.uk/covid-19.