End of an era: Foreclosure giant RCO Legal to close its doors for good

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End of an era: Foreclosure giant RCO Legal to close its doors for good

End of an era: Foreclosure giant RCO Legal to close its doors for good

Oregon Live-

RCO Legal, once one of the largest foreclosure law firms in the Northwest, is shutting down permanently in December, a victim of the strong economy and housing market.

Joshua Schaer, an RCO lawyer, informed a federal judge of the pending shutdown in a Dec. 4 court filing. “RCO Legal is closing all offices in Washington and nationwide, and (my) employment with RCO Legal will be terminated as of December 12, 2017,” Schaer wrote.

The pending closure comes barely a month after the U.S. Justice Department accused Northwest Trustee Services, RCO’s controversial parent company, of illegally foreclosing against 28 veterans.

[OREGON LIVE]

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One Response to “End of an era: Foreclosure giant RCO Legal to close its doors for good”

  1. dan says:

    no sympathy for a company that help banksters illegally steal so many homes. Serve them right

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