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Thank you for your question. You may want to consider a Chapter 7 bankruptcy without your wife.
A husband and wife are not required to file a bankruptcy jointly. One party can file without the other.
The effect on the non-filing spouse will be dependent upon whether there are joint debts and/or joint assets. If there are no joint debts and no joint assets, there may be little or no effect on the non-filing spouse. If there are joint debts and/or joint assets, the non-filing spouse would remain liable on the joint debt and the joint assets would need to be included in the filing.
A Chapter 7 bankruptcy could immediately stop the lawsuit and discharge (erase) all of your unsecured debt such as credit cards, judgments and personal loans. It would be an opportunity for a fresh financial start. However, you may have to surrender assets, if any, that exceed your exemption.
Here are the exemptions for California:http://www.bankruptcyinformation.com/CA_exemp.htm
Best wishes for a successful outcome. If you have additional questions, please do not hesitate to submit them to me directly.