Your lender has been sending you regular “reminders” of your overdue mortgage payments and probably has even warned you that this was coming. But it can still be a shock when a notice of default arrives in the mail. It makes your financial problem official. But now is not the time to dwell on the negative; you need to take clear-headed and decisive action. Understanding what the California notice of default means and what you can do about it is the first step, so let’s start there. Then we’ll give you some suggestions for how to avoid the foreclosure altogether and even settle the issues with your mortgage lender in a simple and stress-free way.