A Tampa Bay teacher has sued the 511,000-member, $4.9 billionSuncoast Schools Federal Credit Union in Florida court, chargingthe CU repossessed her car after she fell behind on her mortgagepayments.
|Angela DiNapoli said she was never late on her car payments tothe Tampa-based CU but that she returned from a short vacation tofind her car gone. Initially she called the police, only tofind out later that credit union had repossessed the car.
|She also said, in a press release, that she had never beennotified that she had missed a car payment or that the car could be repossessed. Her attorney, Charles Gallagher of St.Petersburg, also said the CU had no “cross collateral” clause inthe mortgage contract which would let it repossess the car in theevent she fell behind on mortgage payments.
|“This is a new tactic for lenders,” Gallagher said. “There isabsolutely no legal justification for taking her car, when she wasup to date on her payments.”
|He said Suncoast Schools later filed a foreclosure lawsuit againstNapoli and that she filed her own suit. Suncoast Schoolsacknowledged the litigation but has not yet commented on it.
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