Yes it still there and recoverable.
Windows just removes the first letter of the file name so windows cannot find the file and then uses that space to overwrite with other files if necessary-- but recovery programs can find your deleted files if they have not been overwritten.
Use the wipe free space feature on Ccleaner click here
do it about 3/4 times
This will write over what windows now thinks is free space (where your deleted files were).
This will make all those files none recoverable to all but the most deeply intensive (CSI type :0))recovery procedures not available to the common person.