A redemption notice is a document that notifies a borrower of an impending foreclosure on their property if they do not repay their outstanding debt. Synonyms for redemption notice include default notice, foreclosure notice, repossession notice, and warning letter. These notices are legally required to be issued by the lender before they can initiate foreclosure proceedings. The notice usually contains detailed information about the outstanding debt, including the amount owed and the due date, as well as the consequences of failing to repay the debt. Understanding these synonyms can help borrowers stay informed and take appropriate action to avoid foreclosure.