Software programs to help you manage debt work similarly to a reliable debt management company. You will use your software to plan the best strategy to lower your debt. However, unlike a company, software can cost less and can be used in the privacy of your home. You can simply install the software on your computer and answer questions about your financial life. The software will show you your debt reduction options and will show you how long it will take to pay off your debt. Some programs will help you determine the best ways to save on interest and will help you manage your debt monthly. Many of today's software programs for debt management will easily integrate with your current financial software, so that settling your debt can be as simple as the click of a computer mouse.
Name and features of some Debt management Software are listed below:

1.    DIY Debt Personal Debt Management Software 1.0.0.3:
This debt management software allows you to create a payment plan to clear your debts. It prints all the letters you need to send to the companies you owe money to. It is packed with help and advice to answer all your questions and make the process as easy as possible.

Link: http://download.cnet.com/DIY-Debt-Personal-Debt-Management-Software/3000-2056_4-10899909.html

2.    Debt Trakker:
Debt Trakker debt management software is the most cost effective debt management software available. With its comprehensive range of features and extensive array of debt management functions, the Debt Trakker debt management software gives you the confidence to manage your own business and your clients' debts. Compared to other debt management software Debt Trakker is keenly priced with all of the functions that you would expect of a premium product.

By using the Debt Trakker debt management software as the central component of your management and administration, you will enjoy benefits including IVA compatibility, credit control to improve the recovery of late or absent payments, detailed client and sales agent reporting functions, text messaging for marketing and customer contact, management of sales leads, and a wide range of automated functions.
Our debt management software is already an integral part of a growing number of debt management businesses and to find out more about how Debt Trakker debt management software can put you in complete control, don't hesitate to contact us to talk in detail, or to arrange a personal demonstration.
Whilst we believe that Debt Trakker debt management software covers all of the functions required for successful debt management, every business is different and our expert development team will be happy to discuss with you any additional features you may wish to include.
Link: http://www.debttrakker.co.uk/

3.    The Debt Management Software Tool:
The Debt Management Tool is a debt management software program to help you become debt free. You can enter your income sources, your expenses, and your total debt. The Debt Management Tool allows you to track expenses as "needs" and "wants" so you can see what expenses you need to eliminate to have some left over money to pay off your debt and become debt free. The Debt Management Tool can track your debt and your progress in paying it off. It can also give you a time line in how long it will take based on your current income and expenses. The Debt Management Tool also can help you figure which loan or debt item you should pay off first. Best of all, the Debt Management Tool is free, so you won't go further into debt!

Debt Tool Features:
- Expense tracking: 30 different customizable itemized expenses. You can customize each expense so you can track the expenses that are important and significant to your finances. - Wants vs. Needs: Each expense can be categorized as a want or a need. This can be changed on the fly allowing you to add/remove expenses from needs to see how eliminating an expense could help with paying off your debt. - Debt Analysis: Enter your debts, loans, mortgages, etc. along with the interest rates to see just how much interest you are paying each month. - Debt Tracking: Track how long it will take you pay off your debt and become debt free at your current rate. Then track how you can improve your debt situation by lowering your expenses or increasing your income.

Link: http://www.debtmanagementtool.com/software.html

4.    Tigersolv  Debt Management Software:
We produce IT systems for Insolvency (IVA) and Debt Management companies.
If Debt Consolidation is your business, then our Tigersolv Software will make you more efficient and help you deliver the best solutions for your clients.

Link: http://www.tigersolv.com/