If she sues civilly, you would then file a counter suit for defamation in addition to your answer to the complaint. The bigger issue is the specter of criminal charges. You should retain a lawyer as soon as possible and before any statements are made to police. What you say and how it is presented is critical if you say anything at all, which is usually not advisable.
Retain any from this individual. In California, you cannot record calls, however, unless all participants to the call are aware it is being recorded.
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