Thanks guys for all the advice.
This looks like a simple fix...however I have been tyring to sead the bolt into the threaded nut with no luck. I tried putting my floor jack under the trailing arm to lift it so the holes line up, but there is not enough room to make it work. I fear I am going to have drop the entire rear end, or at least the left side, just to thread the bolt back in.
I might try taking this to a local shop that can fit me in tomorrow...any ideas Bay Area Cobra Club members?
Thanks
Michael