Roscoe's Chicken N Waffles Parent Co. Files for Bankruptcy ... But Still Serving

3/29/2016 11:04 AM PDT

Roscoe's Chicken N Waffles' Parent Co. Files for Bankruptcy

Snoop Dogg and President Obama's favorite wing and waffle stop, Roscoe's House of Chicken N Waffles, might be shutting its doors because its parent company just filed for Chapter 11.

East Coast Foods Inc., whose president Herb Hudson founded Roscoe's, filed the bankruptcy docs last Friday claiming the company has less than $50k in assets, but somewhere between $10-$50 million in debt.

The L.A. institution counts Kobe BryantKendrick LamarDavid BeckhamCindy Crawford, Denzel Washington and many more as fans.

They're all in luck ... a rep for the company had no comment on the bankruptcy, but did stress that people should keep going to their restaurants.