If, by the term "black hole", a person is referring to some object that has the shape of a mathematical point, then it just doesn't make much sense to call it a thing that relates to the world of observation. (The postulates of Quantum Mechanics dictate that physical objects must be fundamentally spread out in the form of wave functions.)
Solutions to simplistic kinds of mathematics come in the form of idealizations called "points". But physical reality is fundamentally spatial, and the necessary maths must involve things like topological manifolds, which brings us directly to the doorstep of String Theory, which is not so much a "theory" but rather a broad category that consists of the entire spectrum of all possible Quantum Field Theories. String Theorists, in fact, are always speculating over the possibility of some given theory's existence, such as when Witten spoke of a mysterious "M-theory" in the mid-90's.