Hooters of America is working with creditors on a plan to restructure the business through bankruptcy court in the coming months, according to people with knowledge of the arrangements.

The casual-dining chain has hired a law firm to prepare a filing, Bloomberg reported. The chain has been struggling for years.

No, there is no need to rush out and create a #SaveHooters grassroots campaign, yet, but Hooters of America is reportedly in the process of preparing a

After shuttering dozens of restaurants last year, Hooters will soon file for bankruptcy, according to a new report.

A more than 40-year-old chain of "breastaurants" could be on the brink of bankruptcy, according to Bloomberg.

Hooters of America is reportedly working with creditors on a plan to restructure the business through bankruptcy court. Sources told Bloomberg that they expect the bankruptcy process to formally begin in the next few months.

Hooters, famous for its hot wings and, well, “scenic views,” is reportedly gearing up to file for bankruptcy. It’s yet another American restaurant chain finding itself in hot financial water in recent months.

Hooters of America is reportedly working with its creditors on restructuring its business via bankruptcy, according to a new report in Bloomberg. According to the report — which cites sources with knowledge of the proceedings — Hooters is working with the Ropes & Gray law firm to prepare a filing.