Can I???

DV's are not for the OC since they deal with 3rd party collections. Have you disputed the OC's tradeline and it was verified? If so, you can request an investigation of the account under sec 623 of the FCRA.

This account has not been reported to a collections company yet, but they claim they will if I do not pay and as far as I know it's not on my credit report yet. I have asked them to explain how the balance is what they are claiming and they keep giving me the run around. That is why I was asking to see if there is anything I can do. I have made payments on the outstanding balance and it keeps going up not down.

You can write them a letter asking for information. Depending on what type of account this is, there may be forms of government you can goto, the banking commission for banks, utility people for stuff like gas, electric, etc.
Most OCs have no problem giving you a breakdown of charges so I don't understand why they are giving you the brush off. If you need to, start making complaints to the BBB, most OCs don't want a bad BBB rep.

OC's are generally governed at the state level (with certain exceptions like reg. B/Z, FCRA, etc). Your state law may regulate to what extent they have to provide you with information about your balance.

For example, in IL, I could point you to state laws that say a creditor has to give you an accounting of your balance within 3 days of your written request (however they're only required to do it once per year and can charge you for additional requests). But your state laws may be different...

If all else fails, get the DFI involved. Your state Dept of Financial Institutions will generally aid you to make sure the creditor is operating within the law. If you tell DFI that you beleive the creditor is over-charging you, and won't give you an accounting of your balance, the DFI will likely ask the creditor to submit its records so that they can verify the charges.

I am in FL, where could I look to see what my state law says?