The Supplementary information for Reg Z provided a little guidance and there is a footnote with some language that we plan to use.
Footnote 125 "For example, servicers may include a
statement such as: ββTo the extent your original
obligation was discharged, or is subject to an
automatic stay of bankruptcy under Title 11 of the
United States Code, this statement is for compliance
and/or informational purposes only and does not
constitute an attempt to collect a debt or to impose
personal liability for such obligation. However,
Creditor retains rights under its security instrument,
including the right to foreclose its lien.ββ