As far as Hell goes-from my understanding of the Bible which is not infallible; The dead will be resurrected and judged if they are found to not be written in the book of life then they receive the Second Death (whatever that is exactly is unclear).
I'm pretty sure Hell is reserved for people who side directly with Satan (and other very very very nasty exceptions to the rule)and people who side with the Antichrist knowingly.
Those who are judged to be written in the book of life ascend to the new Earth-not Heaven. I believe Heaven is reserved for God, certain Saints like Moses, and Angels.
Those that believe in reincarnation-believe in basely similar things, but that if you don't ascend (aren't spiritually pure) you keep getting reincarnated until you get it right. Man, woman, cow, rat, whatever.
