Sorry, I thought you had a stud or bolt broken off flush with the surface. As stated above if you have exposed threads youu can thread on two nuts. Thread the first one close to the metal that it is stuck in and then thread the second one on. Lastly, tighten the two against each other. This will lock them together. Then you put a wrench on the back nut and try to turn it and the broken stud or bolt out (counter clockwise). Do not use the vicegrips if you do not have to. After you put the two nuts on and tighten them together TAP in the end of the stud with a hammer. NOTE, I said TAP, not beat on it. You want to shock the threads and hopefully loosen the bi-metalic fusion ( I forgot the proper term) that has taken place. I am assuming that you have a steel bolt or stud threaded into aluminum.
Be patient, TAP on it and try turning it. If it will not turn, TAP on it some more and try again. Heat may be necessary, but this should be a last resort due to the location.