In that case, your creditors will pursue you for payment until you come to an agreement or they write the liability off.
Check with your accountant to see if you can avail of "terminal loss relief" to try and recover some of the tax you paid in previous years.
Check your loan agreement with the bank and see if you are both liable for the bank loan.
Ultimately, you'll have to come to some sort of agreement with your creditors and try and pursue people who owe you money.