This feels like it's rearranging the deck chairs on the Titanic. We know GR is incorrect - after all it predicts singularities. GR is also silent on
how stress/energy/momentum causes curvature in space time. In that vein, GR seems more like a law of gravity rather than a theory of gravity.
I would suggest we work on an actual theory of gravity before we tackle black hole event horizons and their formation. Such a theory should provide a lot of insight into the formation (or not) of black holes.