In my understanding there is a few things that can happen.
1. You get reincaranted as human being or an other being /animal in our physical realm.
2. If you have reached enlightenment this life you no longer get reincarnated in to human realm.
3. If you have lived a very immorally life you can end up in what people would call hell or constant suffering ( more then in human life)
4. If you have no more morality or good karma within you can be "deleted" as a living being.