Hooters is looking at possibly filing for bankruptcy as a means of restructuring the restaurant chain and tackling its debt, Bloomberg reported Friday, citing unnamed sources.

(Gray News) – Hooters is likely preparing to file for bankruptcy, according to a new report from Bloomberg. The outlet said that Hooters is reportedly working with the Ropes & Gray law firm to prepare a bankruptcy filing.

The news has caused a flurry of reactions across social media platforms, with everyday folks and celebrities alike expressing their concerns and theories about the chain’s decline. Phoenix Suns guard Devin Booker, a long-time customer of Hooters, took to social media following a recent game, pleading, “Plz don’t go Hooters.”