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Luk 16:19-24 “There was a rich man who was clothed in purple and fine linen and who feasted sumptuously every day. And at his gate was laid a poor man named Lazarus, covered with sores, who desired to be fed with what fell from the rich man's table. Moreover, even the dogs came and licked his sores. The poor man died and was carried by the angels to Abraham's side. The rich man also died and was buried, and in Hades, being in torment, he lifted up his eyes and saw Abraham far off and Lazarus at his side. And he called out, ‘Father Abraham, have mercy on me, and send Lazarus to dip the end of his finger in water and cool my tongue, for I am in anguish in this flame.’

Christ talked about the rich ruler and Lazarus. He did not paint a very plesant picture of where the rich ruler would spend eternity. As far as what it means to different "Christians", it is immaterial. Christians can have some pretty wacky ideas and very little has to do with scripture. Hades is hell. Can't be any clearer no matter how one wants to parse the words.

There is not a more loving act then God sending His Son to suffer and die for us. There is not a more unkind act then to reject God's offer.

What was the rich man’s sin? What did the poor man do to be in Abraham’s bosom?

The parable is not about heaven and hell. It is about Israel. The five brothers is the hint.

https://christianity.stackexchange.com/questions/31393/who-are-the-five-brothers-mentioned-in-the-story-of-lazarus-and-the-rich-man-lu

And here is an interesting thought: in the parable he wanted Lazarus to go back and tell his five brothers, and it was made clear that it would not matter. Interestingly, after this, Jesus DID bring Lazarus back from the grave. :)

Anyway, for much more detail:http://www.tentmaker.org/articles/Lazarus-byHuie.htm