Garden Pests and Diseases: Help - peace lily disease?, 1 by lell123

lell123 wrote:
Hi, i wondered if someone can give me some advice...
I noticed a ball of soft white (see photograph) when repotting my peace lily today for the first time in 2 years. Im not sure if this is the bulb rotting? It is very soft (i don't know a lot about caring for plants). I cut off all of the brown / yellow leaves and also noticed there are brown spots on the bottom of the stems.

I bought this peace lily about 2 years ago, it has been fine up until about 5 months ago, when it starting wilting and the leaves underneath started to go yellow and brown.
Im not sure if I over watered it or if it has a disease. I also think it was receiving too much direct sunlight.
Can someone please help, I really don't want it to die but i'm not sure what else to do.
I've placed it out of direct sunlight. Is there any hope?