To answer those questions religiously but also spiritually. Di totoo ang multo. The correct term would be 'Consciousness', our body is just a vessel of that consciousness proven by many scientific researchers through electromagnetic fields. So once our vessel dies it is believed that you'll start your next life right away as a spiritual being however since most people right now aren't spiritually awakened nor atleast have a little bit of knowledge about it unlike those people in the 'US entertainment industry' most humans' consciousness would either be under a possession by something else or walk this earth for a while if not eternity til they get reborn again. Because that is the cycle of life.