Short of liposuction there's no way to target weight loss. If you're that desperate, you'll have to go on a diet to lose fat all over. Some of that fat will then be lost from your "trouble" area.
Sure. If someone who hasn't been working out before should suddenly start training fairly hard, then they can gain muscle mass at pretty much the same rate as they are losing weight as fat.
You really shouldn't try for a fast weight loss. What's put the weight on is a long period of poor lifestyle choices, and what'll give you the best shot at not only getting the weight off but also...
Some vigorous exercises reduce the fat deposits in the body but there are many other thermo-aerobic ways. Diet fat reducing plans help in reducing fats including some safe non chemical based herbal...