If you stare at the lively FLAME you will see WHITE GHOSTS in the CLOUDS of smoke

魂Hún soul, which is detachable from a body. (cloud云ghost鬼)
魄 pò soul attached to the body (white白ghost鬼)

灵líng quick alert clever efficacious lively alive LIvING (broom彐+fire火)

魂魄 Húnpò mortal soul the soul during the life of one's body. If your body is alive then you have it. If it isn't then you don't.
灵魂 línghún immortal soul, the soul in the afterlife. You have it whether your body is alive or not.

劫jie a powerful forceful movement, captivating
债zhai something valuable owned by another and owed to them.