Board Thread:General Discussion/@comment-173.79.219.193-20141017155316/@comment-25542857-20141017195655

You can go back and either pay the bounty, but the guards will take all stolen items from you, spend the time in prison, which will reset the skill progress to the next level, depending on the time you spend in time or go to jail and break out, or bribe the guard if you have the perk in the speech tree, which is however only a temporary solution as the next guard will, with such a high bounty, try to arrest you. If you're with the thieves guild and have completed many small jobs or are already guild master, you can persuade the guards to erase your bounty without any consequences, but this will cost more.

The Guards will only attack you if you refuse to speak to them or if you don't pay the bounty or go to jail.

Your bounty in each hold can be seen under Stats > Crimes.