According to the bible, there is a hell, but not like you think or have been led to believe. Hell is not a pit of fire or torture chamber for men's souls after a life of sin. Nowhere in the in the bible is this said.
It DOES say the false profit and the Beast will be thrown into the pit of fire for all eternity, That it does say. But what about us? It is clear there is to be some serious consequence for the human soul. In my opinion, and from what I have taken from the bible, is that "Hell" is the complete and utter separation from God forever. A soul in heaven is rewarded, by being in perfect peace with God, there is no sadness or fear or regret.
If your earthy death was painful or traumatic, the soul would not remember, as this would cause distress. A soul in hell would not be afforded this, and would spend eternity searching for peace, and never find it. God gave us a choice, to be with Him forever or be separated from Him forever, lost in a void.
This is my personal belief from my reading and study. In the end, it comes down to a very simple choice. What Hell really is aside, there are 2 roads. One with a good outcome at the end, and one with a not so good outcome. What will you choose?