This is not a question about "if a false statement with ZF(C) is considered true, what happens." (The answer for that is trivial, as falsity in classical logic proves everything.) What I am rather asking is what happens if we negate axioms of ZF(C) - in other words, axioms of the new set theory, call it $ZF(C)'''$, are exact negation of each axiom of ZF(C).
When I think of such $ZF'''$ (I am going to drop axiom of choice being negated for now), it has to mirror $ZF$ in some way, so I would expect that all false statements with ZF would now be true statements with $ZF'''$ and true statement with ZF would now seem to be false statement in $ZF'''$. Yet this does not seem to be true also, because I really have not negated laws of natural deduction system in propositional logic, contained in first-order logic.
What really then would be consequences of $ZF'''$?
As remarked below under Replacement and Comprehension, it is impossible to negate all axioms of ZF. Nevertheless, here's a small model that defies most of ZF (many different models with totally unrelated idiosyncrasies are possible):
Axiom of Extensionality falsified by $A$ and $B$, which have the same elements (namely none) without being equal.
Axiom of Regularity falsified by $D$ because it is a non-empty set that has an element in common with each of its elements
Axiom Schema of Comprehension is a separate axiom for every predicate. It is impossible to falsify the instance of the schema that is obtained from a tautology. However, some instances are readily falsified. For example, with $\phi(x)\equiv x=D$, thee is no such thing as $\{\,x\in D\mid \phi(x)\,\}$.
Axiom of Pairing falsified by $A$ because no set has $A$ as element
Axiom Schema of Replacement is a separate axiom for every function predicate. It is impossible to falsify the instance of the schema that is obtained from the identity function. However, some instances are readily falsified: If $f(C)=A$, then these is no such thing as $\{\,f(x)\mid x\in C\,\}$
Axiom of Infinite is obviously false.
Axiom of Power Set is falsified because clearyly $A$ and $B$ are subsets of $A$, but there is no set having either of these as element.
Axiom of Union is falsified by $C$ because only $C$ is an element of an element of $C$ and there is no set having only $C$ as element.