My recent experience
Fragment of a discussion from Talk:May 2011 Update
Proposed deletions are for uncontentious stuff that no-one is likely to disagree with, so if you do disagree you can get it back. If it is a proposed deletion all you need do to dispute is remove it from the article, though I'd recommend doing so with an edit summary such as "disputing proposed deletion". If it has already been deleted and the 7 days have long gone, then just ask for it to be restored at WP:Refund. Hope that helps.