The US payed 3 million dollars in gold and the rest in coins and regular money. 😀
The French were in serious debt.
US gained the Louisiana Purchase by purchasing it for 50 million francs plus the US cancelled 18 million francs of France's debt. It averaged out to about 4 cents per acre.
Well, the Federalists completely didnt want it. Even the Jeffersonian Republicans were wary. Jefferson stuck to his guns. He was worried about using too much public money, but he knew the country had to expand. There was nothing in the Constitution about buying foreign lands so he was in new terrain, but he decided that it would be the best for the country.
Yes, Louisiana is a recourse debt state. This means that lenders can pursue borrowers for the full amount of the debt, including any deficiency after a foreclosure or repossession of collateral. In cases where the borrower defaults, the lender has the right to seek repayment from the borrower's other assets beyond just the collateral.
7 years in the UK and you are no longer required to pay it
The French were in serious debt.
US gained the Louisiana Purchase by purchasing it for 50 million francs plus the US cancelled 18 million francs of France's debt. It averaged out to about 4 cents per acre.
Not that I know of. But he did BUY land from France which was the Louisiana Purchase.
He cut the national debt, made the Louisiana Purchase and ordered the Lewis and Clark expedition.
You can purchase a debt insurance policy if you're worried that an unanticipated circumstance may prevent you from making your monthly loan payments. You can purchase debt insurance from a bank.
The acquisition of 828,800 square miles of France's claim to the territory of Louisiana for $11,250,000 and cancelation of France's monetary debt to the US. Total cost in 2010 dollars $219 Million.
Well, the Federalists completely didnt want it. Even the Jeffersonian Republicans were wary. Jefferson stuck to his guns. He was worried about using too much public money, but he knew the country had to expand. There was nothing in the Constitution about buying foreign lands so he was in new terrain, but he decided that it would be the best for the country.
Thomas Jefferson bought the Louisiana purchase, this doubled the USA. Thomas Jefferson also was an author of the Declaration of Independence, he was one of five man to do this. He also cut expenditures in each branch.
court government
The Debt Purchase website contains useful information concerning how one can eliminate ones debt. For example, there is information about how to consolidate debt and about how one can get a company to combine all ones debt payments into one, usually at a lower rate of interest.
A mortgage is a type of debt that is used to finance the purchase of a home or property.
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