Property Division: I Thought Consent Orders Meant No More Money

I have recently divorced my wife.

We are currently sorting out finances.

I have made my ex-wife an offer for her share of the equity in our house.

Although the offer was slightly less than half the market value, she accepted the offer and is keen to get the money.

I offered a bit less as I will be looking after our 14 year old daughter from now on.

I have the consent order ready to be sent to court but I am waiting for the mortgage company to sort out all the paperwork.

I am not going to send the consent application to court yet as it states that I have 7 days after the order is granted to pay my ex-wife the full sum.

The mortgage companies solicitor has sent me some forms to sign but they are asking me if I am aware of the risk of transferring the property at undervalue beause if my ex-wife goes bankrupt in the next 5 years apparently the Trustee in bankruptcy can come after me for more money.

Does all that make sense and is it true?

Thanks for any replies.

Property Division: I Thought Consent Orders Meant No More Money