Bottom line: Yes, any decent pair of bolt cutters can easily defeat chain linked or hinged handcuffs, and with a little bit of extra effort can defeat rigid cuffs. Now, there is the academic and the practical answer to this question. Academically, as I said, yes. Practically, probably not unless you have someone to help you or you are lucky enough to have your hands cuffed in front of you. This is because bolt cutters require a considerable amount of strength to operate and the likelihood that you'll be able to position the bolt cutters in such a way to cut the chains or links joining your handcuffs if your hands are not in front of you is pretty slim. One should also keep in mind that using bolt cutters to attack the bracelets of the handcuffs while they are being worn is risky as it will be fairly easy to bend or warp the metal in such a way that it impales a person's wrists. It is far better, if you have access to bolt cutters, to use them to free up the hands and worry about getting the bracelets off later.