If you don't want to break the bolt, my suggestion would be to knock it down so the 'T' nut comes out from under the playfield and spray some anti-sieze spray in the thread area and leave it a few hours and see if that un-locks it... If it does, tap the 'T' nut back in place (after bending the spikes back out if they got flattened like the one in the pic) and you're done... it might be necessary to knock the 'T' nut in at a different angle so that the spikes go into virgin wood to get a better grip while tightening the bolt back in (depends of the original holes in the wood got damaged when the nut came out!)... The problem is that populatred playfields don't like to be hammered, so if it's a populated playfield you're working on, maybe press it in as hard as you can, screw the bolt in, and then use the bolt as a pulling tool from the other side to pull the spikes into the wood... Far easiest is to simply break the bolt, knock the 'T' nut out and replace them though... not easy if you don't have replacements of course!!