How can I effectively remove a stripped bolt from a piece of equipment?

To effectively remove a stripped bolt from a piece of equipment, you can try using a few methods. One option is to use a bolt extractor tool, which is designed to grip onto the stripped bolt and twist it out. Another method is to use a drill to create a small hole in the center of the bolt and then use a screw extractor to remove it. You can also try using a pair of locking pliers to grip onto the bolt and turn it out. Remember to apply penetrating oil to help loosen the bolt before attempting to remove it.