In his 1993 paper entitled "The Financial Instability Hypothesis,” Minsky identified three financing regimes that economies can operate under:

1.  the first, which he called hedge finance, is a regime in which borrowers have sufficient cash flows to meet "their contractual obligations,” i.e. interest payments and principal repayment, usually by having a large equity component in their capital structure;
2.  the second, speculative finance, is a regime under which borrowers have cash flows that are sufficient to pay interest but not to repay principal, i.e. they must roll over their debts; 
3. the third, Ponzi finance, is a regime in which borrowers have insufficient cash flows to pay either principal or interest and therefore must either borrow or sell assets to make interest payments.)

In addition, there is a position where someone has not debt.  For people in this situation the challenge is to make your capital work well.

From time to time I find people in each of these situations.  One of the hardest is when someone gets to stage three.  At this point there are not too many options but some very big changes.  Unfortunately people do not like change and so the end result very often is carnage for creditors and bankruptcy for the person. 

Let me know if you think you are in stage 2 or 3 and if you are up for some hard work and change then I can help you.