Rescued from a difficult situation at the last moment.
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Rescued from a bad situation just in time, usually by something that interrupts or ends it.
When you're saved by the bell, something external — a call, an alarm, an interruption — prevents something worse from happening.
It comes from boxing, where a bell saves a losing fighter.
"In the Nick of Time"
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Something arrives just in time to help, but not necessarily through an interruption
"Off the Hook"
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Getting out of a responsibility, not necessarily rescued by something external
"Saved by the Bell"
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Being rescued by an outside interruption before something goes badly