Bankruptcy can provide a fresh financial start for consumers who cannot pay their debts, either because of insolvency or insufficient income to meet creditor demands. Bankruptcy generally works in one of two ways: liquidating assets to pay one’s debts under Chapter 7 of the U.S. Bankruptcy Code, or establishing a repayment plan under Chapter 13 of the code. Under a Chapter 7 liquidation, a debtor generally can achieve a fresh financial start more quickly than under a Chapter

Q. Are there any way to have hard inquiries removed from my credit report? -- Borrower A. We're glad to see you're paying attention to your credit reports. You want to make sure they're accurate because of the direct effect they have on credit scores, the ability to obtain credit and in some cases, the interest rates that come with it. There are two types of inquiries, said Claudia Mott, a certified financial planner with Epona Financial Solutions in Basking Ridge. She said a