This is what I am planning. Cutting the bolt there at marks will release the spring. With new springs and one new shackle kit, I should be able to keep both hangers and top bushing bolt.
If you resort to cutting anything, the shackle bars would be much easier to cut than the bolts, but as the guys have suggested, the shackles should come apart with a little persuasion by a punch and hammer. And Dan's suggestion of changing the bushing in the frame (and springs) is one you should take to heart. They'll likely be very worn and deserving of replacement. You won't regret replacing them.
Kevin 1951 Chevy 3100 work truck Follow this saga in Project Journal Photos 1929 Ford pickup restored from the ground up. | 1929 Ford Special Coupe (First car) Busting rust since the mid-60's If you're smart enough to take it apart, you darn well better be smart enough to put it back together.
