<prompt> Human: Worked as the sole web developer for a company a few years back. It was a startupbased in Delaware and they were running off investor funding. Eventually, after not being able to secure any actual paying customers, they ran out of money, but didnt tell me.The company paid me once a month and was late for the first time. They stalled for a bit and blamed accountingbanking issues. Finally after they hit 2 months11k owed behind I demanded answers. They came clean and said that they had exhausted all funding, but were hoping to get new clients in any day.Obviously, Im in a pickle as I need money for my mortgagebillsetc and its not coming. I threatened to sue, but they explained that as the company is an LLC and the only property the company has is its rented servers, theres nothing to sue for.We parted ways and life moved on.This morning I received a letter from the owner of the company stating that they have a buyer for the intellectual property rights. Under the terms of the agreement they would like to pay me a one-time payment of 577.15 to settle the matter.Im getting the shaft here, obviously. But do I have an other options? Is it 577.15 or nothing. Can I hold out and prevent the sale?TLDR; Company I worked for owes me 11k for development work, but they ran out of money. Now there is someone who wants to buy the IP and pay me 500122nd as a settlement. Should I take it?Update: 03092015Thank you everyone for the advice! Im going to be calling a couple of employment lawyers referred to me today.Update: 03182015Holy crap! Who would have thought it would be this difficult to find a lawyer? Spoke with two out of ten lawyers contacted. Both basically say its not enough money for them. The rest have yet to get back to me.Update: 04022015Never really found a lawyer that would take the case, so I did the work on my own. Looked up the basic laws and statutes that, in my option, applied to this case. Their second offer was for 50, I countered with some good legal knowledge and 80 as a compromise. I would have gone higher, but I figured if I pushed any further I would simply have to get a lawyer and either pay 375hravg or 40 of the settlement. They came back and agreed. IMHO, this course netted me the most money.Thank you to everyone who chimed in with their thoughts and opinions!Assistant: buyer for the intellectual property can mean anything between a couple thousand and a couple millionlawyer up.Human: Thats what Im thinking. Someone could be buying it for 100k. And they want to buy me off for 500. I assume Ill need to request the offer letter they received for the IP. Which I doubt they will hand over willingly.  <response>: worst case is that youll get 500 and owe some of that to your lawyerbest case ist that your lawyer knows how to get more than 11k out of the whole situation and you own a bit of that for his work 