Do you have the All-Twine knotters?
I doubt that you"ve wrecked it, but I wouldn"t be cranking on it with the knotters raised. You probably just need to retime the knotters. It isn"t hard, but you"ll need a manual.
Lots of folks cuss the IH balers, but I"ve found them to be as dependable as the day is long, as long as you set them TO SPECS. Get a manual if you don"t have one already. You"ll never get it right without one.