1995 Chrysler Cirrus Caliper Mounting Bolts Stripped

"Swing arm" = steering knuckle. No.. You don't need to remove the knuckle assembly. You will be wasting more time in doing so.

Here is what you need to do. Bring one of the caliper mounting bolt to your favorite auto parts store and ask them for a "Heli Coil Thread Repair Kit" that will match the thread pitch and size for your bolt. That kit should come with a part that looks similar to a drill bit for you to repair the thread. Once the thread is repaired, you will insert the new threaded spring into the hole, and problem fixed.

Here is an example of a Heli coil.