Hi my husband started up a ltd company and had me as the second director as is needs two. After 7 months due to lots of mix ups and mistakes it ceased trading. However he had told me he was paying the tax but we get a letter a final demand. Its for 50k. We have children and im in college. There are no company assets to sell apart from tools. We cant get any social welfare im told as we owe the revenue. Hate even saying we because id never let a debt go that far. Im sick with worry. He is now unmotivated to work and we have no money or income at all. Keep getting small family loans but im tired of this. I dont know what to do. A family member has being liasing with the accountant on my husband's behalf. I need to get money but cannot claim benefits. None of this is my fault. He has been mildly depressed at the business not working out. Hes a brilliant worker but not much use sitting at home. Any advice? Would love my name off the company but he got upset when i brought it up.