you have what is known as an apollo bobbin case. black on later models grey on the older models, between the edge of the bobbin case and the silver bar there should be enough gap the thickness of thread, you can adjust the closeness by the screws on the right, if that does not work you will need to retime it, I can send you timing instructions but this site does not allow email addresses to be shown so type my email address as you say it not as you see it.
ken dourof (one long word) at yahoo dot com, January 2013