Does God help us out of ALL our troubles (Psalm 34:17)?

17 When the righteous cry for help, the Lord hears
and delivers them out of all their troubles.

I am interested in this because 
The lyrics to "The Righteous Cry Out" are based on Psalm 34:17-18 and Psalm 46:2,11 (NKJV): 
Psalm 34:17-18 (NKJV):

The righteous cry out, and the LORD hears,
And delivers them out of all their troubles.
The LORD is near to those who have a broken heart,
And saves such as have a contrite spirit. 

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