Earlier this year, the National Alliance to End Homelessness estimated that 1.5 million people would be made homeless over the next two years as a result of the recession.
In this series of profiles, DailyFinance speaks with some of the people who have fallen victim to layoffs, foreclosure, unforgiving creditors and plain old bad financial luck. Here are their stories.
The descent into homelessness can occur with terrifying speed. For Mike, a 33-year-old aspiring Web developer, it happened after an emergency loan from a relative suddenly fell through, driving his family out of a motel and onto the streets of San Francisco in September.