Family Farm Reorganization Act

[AI summary unavailable — showing source text] Family Farm Reorganization Act - Amends Federal bankruptcy provisions to establish separate provisions governing family farm reorganizations. Defines a "debtor" as an individual farmer, not a corporation or partnership, engaged in a farming operation. Entitles the Department of Agriculture, the Attorney General, or the chief officer of the appropriate State agency to be heard in a farm reorganization case. Permits the court to appoint a committee of unsecured creditors consisting of persons willing to serve who hold the five largest claims against the debtor. Allows the committee: (1) to appoint an accountant only if the debtor's debts exceed $5,000,000 or if the debtor's financial records are inadequate; and (2) request dismissal of the case if there is no possibility of a feasible plan being accepted or if the debtor fails to comply with final court orders. Permits the court to authorize the obtaining of credit for emergency care of the debtor's stock without notice or a hearing if: (1) irreparable loss or damage will result if such authorization is delayed; and (2) such authorization is in the best interests of the estate. Authorizes only the debtor to file a reorganization plan…