One of the biggest benefits of a debt management program or signing up with a debt reduction service is that the accountability of getting out of debt is practically taken off your shoulders.
For example, if you are signed up with a debt management program, then the debt management company will be dealing with your creditors, not you. Well frankly, I find the idea of dealing with creditors quite intimidating, so I am just too glad to let someone else do that for me, although one can easily argue that you are ducking out of the responsibility of dealing with your credit yourself.
Likewise, if you are part of a debt management program, the responsibility of dealing with repayment of your debt and how you should spend your money is really taken from you. On the one hand you can argue that this is almost like regressing into childhood, with most of the responsibilities that goes with being an adult taken away. On the other hand, you can argue that it is stressful enough being in debt, and that having someone else look after your money for a change and help you face the world again might just be what you need.
A brief respite from the pressures of continually having to juggle all the various debts that you are responsible for might just be enough to get your life back on track again. Credit debt management services should ideally help you with drawing up budgets and help you with learning how to deal with your income and your needs so that when you do get out of debt - you stay out!
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