"Good Credit
All bills in good standing
Own a home, and other Items
Have credit cards, with a medium credit load.
Young and capable of side jobs making some cash for gas and food.
Other places of residence open for you if a catastrophic event occurred."

So, what's the problem?

Sounds to me like the person in this situation would be just fine.

Imagine, if you will, having no other place to go, poor credit, already behind on bills, no credit cards or companies willing to give you one. Oh, and a family.

Given the first set of circumstances? There are plenty of options available to get you through the second set of circumstances.