A generic error occured in GDI+

Question

Does anyone know how to resolve "A generic error occured in GDI+" errors? I get those once in a while, while performing different operations. Sometimes I can figure out what is causing them, but most of the time, I'm clueless. Now I stuck trying to do image.Save and I get this error. I tried many different formats, and nothing helps. The image is fine, as it displays in picture box.