Are you not able to make your payment at this time?
Yes, I am not able to make my student loan payment.
You should contact your loan servicer as quick as possible and they could help you with options at this time.
Could I just let the delinquency or default notices alone until I can pay it?
It is smart to never ignore your delinquency or default notices from your loan servicer.
What about my promissory note?
You should always read your promissory note because it is a legal document and once signed it means you are legally responsible to repay your loan according to the terms.
Is consolidation a good choice?
Yes, you might want to combine your multiple federal student loans into a single Direct Consolidation Loan to make payments easier; but there could be tradeoffs so make sure you understand everything.
What steps should I take to avoid default?