Well, no. From what I gathered, it could be more tame like the town editing your memories to think you're really in love with someone, or something as mundane as arguing with someone who is believing with the town is selling. That's how I got my stuff back from home once. Well, that and drinking. The variables of what is applicable for receiving something from home from enduring a dangerous incident from the town varies. Sometimes the town will do something and it won't even get you anything at all.

And if you die, you're always revived the next day or eventually. So, in that case, there isn't much to fear though surviving and living through whatever is always favorable.